1. International Trade
... country will make lots of cars and sell some of them to the other country. Then each country takes the money that they made and buys other things that it needs. International trade and finance link world economics. Through trade, changes in economic conditions in on place ... endowments of economic resources. Efficient production of various goods requires different technologies or combinations of resources (McConnell Brue 730). b. Why does Japan Trade? i. Pre-WWII World War I permitted Japan, which fought on the side of the victorious Allies, to expand its influence in Asia ... territori...
- Word Count: 1210
- Approx Pages: 5
- Grade Level: High School