The danger of trade dependency is that ________. A) it often ...

[ETearle]

The danger of trade dependency is that ________.
 
  A) it often leads to the exploitation of developed countries
  B) political turmoils in a country might affect all dependent countries
  C) the countries involved in trade often get into rivalry over trade tariff issues
  D) it is difficult to end trade activities with current trade partners and find new trade partners

Question 2

The condition that results when the value of a nation's exports is greater than the value of its imports is called ________.
 
  A) a trade deficit
  B) a trade surplus
  C) mercantilism
  D) dumping

Question 3

The condition that results when the value of a country's imports is greater than the value of its exports is called ________.
 
  A) a trade deficit
  B) economies of scale
  C) a break-even point
  D) absolute advantage

[dpost18]

Answer to Question 1

B

Answer to Question 2

Beautifully done Thanks

Answer to Question 3

A

[ETearle]

YES! Correct, THANKS for helping me on my review

[laurnthompson]

TYSM