QUESTION IMAGE
Question
which of the following is not a reason for international trade?
○ comparative advantage
○ access to new markets
○ self - sufficiency
○ resource availability
Brief Explanations
- Comparative advantage: Countries trade to specialize in goods they produce at lower opportunity cost, so it's a reason for trade.
- Access to new markets: Expanding market reach is a key reason for international trade.
- Self - sufficiency: Self - sufficiency means a country tries to produce all it needs, reducing the need for trade, so it's not a reason for international trade.
- Resource availability: Different countries have different resources, so they trade to get resources they lack.
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C. Self - sufficiency