Which of the following are the economic factors that lie behind the patterns of international trade?
A)diversity in natural resources.
B)differences in tastes among nations.
C)decreasing costs of large-scale production.
D)all of the above.
E)none of the above.

Question

Quizplus · Accepted Answer

All of the options listed are economic factors that contribute to patterns of international trade. Differences in natural resources create a need for trade to access certain goods, differences in tastes among nations create demand for certain products, and decreasing costs of large-scale production (such as through economies of scale) make it more efficient for companies to produce and sell goods across borders.

Which of the Following Are the Economic Factors That Lie