Social Studies, 03.12.2020 19:00, editsa
Which statement BEST explains how specialization encourages trade between countries?
1. Israel’s trade with neighboring countries is limited because of tariffs on imported and exported goods.
2. The US imports oil from the Middle East while some countries there rely on the US for food and technology.
3. A very large majority of Iran’s exports are oil related products which the world needs. Oil is a non-renewable resource.
4. Iran is developing their own nuclear capabilities which few countries have and has threatened the country of Israel in the past. This could result in an embargo.
Answers: 3
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Which statement BEST explains how specialization encourages trade between countries?
1. Israel’s tr...
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