Asked by Roberta McGuire on May 01, 2024
Verified
One major factor that serves as an economic basis for world trade is the uneven distribution of resources among nations.
Economic Basis
The foundational activities or sectors upon which a region's or country's economy is built and operates, fundamentally influencing its wealth and growth.
World Trade
Refers to the exchange of goods and services across international borders or territories.
Uneven Distribution
A situation where resources, wealth, or opportunities are not evenly shared among members of a society or geographic areas, often leading to disparities.
- Understand the economic basis and reasons for world trade.
Verified Answer
FV
flower vagueMay 02, 2024
Final Answer :
True
Explanation :
The uneven distribution of resources among nations creates a need for countries to trade goods and services in order to access resources that they may not have domestically. This is one of the main economic drivers of world trade.
Learning Objectives
- Understand the economic basis and reasons for world trade.