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13. a country does which of the following when an abundance of goods ex…

Question

  1. a country does which of the following when an abundance of goods exists?

trade
barter
import
export

Explanation:

Analyze the core question

The question asks what action a country takes when it has an abundance of goods. An abundance means a surplus—having more of a resource or product than is needed domestically.

Evaluate the economic options

  • Trade: A general term for exchanging goods, which can include both buying and selling.
  • Barter: Exchanging goods directly without using money.
  • Import: Buying or bringing in goods from another country, typically done when there is a scarcity or lack of those goods domestically.
  • Export: Sending or selling domestic goods to other countries.

Connect to mastered concepts

Using the International Trade and Imports and Exports knowledge points, we know that when a nation produces a surplus of a specific commodity, it seeks to sell these extra goods to foreign markets. This specific action of sending goods out of a country for sale is defined as exporting. Therefore, "Export" is the most precise and correct choice.

Answer:

  • Trade
  • Barter
  • Import
  • Export (Correct answer)