International trade is based on the nation that ?
Correct answer: B. Goods are more mobile internationally than are resources
- A. Different currencies are an obstacle to international trade
- B. Goods are more mobile internationally than are resources
- C. Resources are more mobile internationally that are goods
- D. A country's exports should always exceed its imports
Explanation
International trade is feasible because goods generally cross borders more readily than productive resources such as labor and capital. Different currencies do not prevent trade, and exports need not always exceed imports.
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