International trade is necessary because
...International trade is necessary because
No country can live in economic isolation
Different countries are differently endowed in natural and man-made resources
Some countries have comparative costs advantage in the production of particular commodities over other countries
The word demand for and supply of various categories of commodities is expanding very fast
Countries want to build up their foreign exchange reservers
Correct answer is B
No explanation has been provided for this answer.
Warehousing facilities in the distribution and marketing of products are provided by ...
The problem of scarcity is reduced by ...
The value of money is affected by ...
One of the major uses of national income statistics in Nigeria is to ...
Agriculture plays a dominant role in our country because ...
A strategy for improving agriculture in Nigeria will involve ...
The terms of trade are said to be favorable only if ...
A major factor contributing to productivity is ...
The movement of curve I to ll suggests ...
The main feature of regressive taxation is that its rate ...