Single Answer MCQ
Q-00014342
Which statement best describes international trade?
1
It is limited to neighboring countries.
2
It decreases economic interdependence.
3
It involves the exchange of goods on a global scale.
4
It focuses solely on exports.
Answer and Solution
Answer
C. It involves the exchange of goods on a global scale.
Solution:
International trade encompasses the exchange of goods and services across global markets, enhancing economic interdependence among nations.
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