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IB
Question Practice

What explains the need for countries to import goods?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
International Business
Question Bank

What explains the need for cou...

Single Answer MCQ
Q-00065172

What explains the need for countries to import goods?

1

They have abundant resources.

2

They can produce all goods effectively.

3

They may lack the means to produce certain goods.

4

They need to eliminate competition.

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