The basis for international trade is
A)self-sufficiency.
B)that we stand to gain if we can sell more to other nations than they buy from us.
C)maximizing your exports and minimizing your imports.
D)None of the choices are true.

Question

Quizplus · Accepted Answer

The basis for international trade is not about self-sufficiency, selling more than buying, or maximizing exports while minimizing imports. It's about comparative advantage and the mutual benefits countries get from exchanging goods and services they produce more efficiently.

The Basis for International Trade Is