Trade

What do human resources use to help a country grow and develop?

• Their skills, knowledge, and effort

• Only their money

• Only their machines

• Only their transport

What do human resources use to help a country grow and develop?

• Limited resources
• A skilled workforce
• An untrained population
• Outdated technology

What does the term "trade" mean?

• The exchange of goods and services between people, businesses, or countries, often using money.

• The sharing of information between countries.

• The movement of people from one country to another.

• The building of new cities in different countries.

How do countries meet their needs when they do not have all the resources?

• By depending on each other and trading.

• By ignoring their needs.

• By closing their borders.

• By using only what they have.

Why are countries interdependent on each other?

• Because they rely on each other for their needs and wants

• Because they never trade with each other

• Because they only sell items to themselves

• Because they do not need anything from others

Imagine the UAE needs cars and food, but it produces oil, dates, and fish. How can trade help the UAE?

• The UAE can import cars and food and export oil, dates, and fish

• The UAE can only keep oil, dates, and fish for itself

• The UAE can stop trading with other countries

• The UAE can only import oil, dates, and fish

If the UAE exports goods to China, what does this mean?

• Goods made in the UAE are sold to China

• Goods made in China are sold to the UAE

• Goods are given away for free

• Goods are kept only in the UAE

Are clothes imported or exported in the UAE?

• Imported

• Exported

• Both imported and exported

• Not traded

Why would Sunnyland and Oil-land need to trade with each other?

• Because they both have the same resources

• Because they both want to visit each other

• Because each country has something the other needs

• Because they want to be friends

Why is it important for countries to trade with each other instead of trying to produce everything on their own?

• Because it helps countries get resources they don’t have.

• Because it makes countries less friendly.

• Because it is more expensive to trade.

• Because countries don’t need anything from others.