If countries have different resource endowments,trade is usually not possible.

Name: If countries have different resource endowments,trade is usually not possible.
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Trade is possible precisely because countries have different resource endowments. They can specialize in producing goods or services they are relatively efficient at, and trade with other countries to obtain goods or services that are relatively more expensive for them to produce. This is known as the principle of comparative advantage.

If Countries Have Different Resource Endowments,trade Is Usually Not Possible