QUESTION IMAGE
Question
- a country does which of the following when an abundance of goods exists?
trade
barter
import
export
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.
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- Trade
- Barter
- Import
- Export (Correct answer)