Developed countries trade more than lesser developed ones.

Question

Quizplus · Accepted Answer

This is generally true due to factors such as infrastructure, access to resources, and economic stability. Developed countries tend to have more advanced economies and greater manufacturing capacity, which makes them more efficient at producing goods and services for trade. Additionally, they often have more established trade agreements and better transportation networks, allowing for easier movement of goods across borders. However, there are exceptions and some lesser developed countries are experiencing significant growth in international trade.

Developed Countries Trade More Than Lesser Developed Ones