Why do countries engage in trade?
International trade

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Science, Business
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1st - 6th Grade
•
Easy
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To showcase their wealth
To exchange goods they cannot produce
To increase their population
To reduce their land size
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term used when goods are brought into a country?
Exporting
Manufacturing
Refining
Importing
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a finished product?
Crude oil
Raw coffee beans
Unrefined gold
A smartphone
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can countries increase their wealth through trade?
By avoiding trade with other countries
By transforming raw materials into high-value products
By exporting raw materials at low prices
By importing expensive finished goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might Saudi Arabia be wealthier than Kenya?
Because it has a larger population
Because it exports more high-value resources like oil
Because it imports more goods
Because it has more land
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