QUESTION IMAGE
Question
- when a country does not have enough natural resources, they must _____ goods.
export
import
trade
barter
Analyze the core economic scenario
The question describes a scenario where a country lacks sufficient natural resources to satisfy its domestic needs. In Human Geography, when a nation faces a scarcity of resources, it cannot produce all the necessary products internally to satisfy its Economic Wants.
Define the key economic terms
To find the correct term for the blank, let's evaluate the definitions of the given options:
- Export: To send goods or services to another country for sale. A country with a shortage of resources would not primarily focus on sending resources away.
- Import: To bring goods or services into a country from abroad for sale or use. When a country lacks resources, it must buy them from other nations.
- Trade: The general action of buying and selling goods and services. While trade is occurring, the specific action of bringing goods in to solve a shortage is importing.
- Barter: To exchange goods or services directly without using money. This is a specific system of exchange, not the primary term for acquiring missing resources globally.
Match the scenario to the correct term
Since the country does not have enough natural resources internally, it must bring these resources or the goods made from them into its borders from foreign sources. Therefore, they must import goods.
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- Export
- Import (Correct answer)
- Trade
- Barter