Question 50
Transport, Trade and TourismWhich of the following factors explain the need for international trade? I. Variation in technology II. Uniformity in taste for goods. III. Language barrier. IV. Differences in natural resources.
- A.I and II only
- B.II and III only
- C.II and IV only
- D.I and IV only.
Show the answer and explanation
Answer: D (I and IV only.)
Explanation
Countries trade because they have different resources and different levels of technology; uniform tastes and language barriers do not create trade.