The most fundamental reason for the growth in world trade is probably due to which of the following?
A) cultural differences
B) the creation of free-trade areas
C) fluctuating exchange rates
D) the need for businesses to expand their markets

Question

Quizplus · Accepted Answer

Businesses need to expand their markets to increase profits and remain competitive. This necessitates finding new customers and selling products in foreign markets, resulting in an increase in world trade. Cultural differences, creation of free-trade areas, and fluctuating exchange rates are all factors that may influence the growth of world trade, but they are secondary to the fundamental reason of businesses needing to expand their markets.

The Most Fundamental Reason for the Growth in World Trade