What would happen to industrialized nations’ economies if they did not expand their reach abroad?
Question:
Answers
It industrialized nations did not expand their reach abroad, then " nations would make what they needed with local resources" since they would be denied external resources.
nations would make what they needed with local resources since they would be denied external resources
or b for short
C) because if they never expand their reach then they will have fewer partnerships.
d.
Explanation:
ITS D! THE OTHER ONE IS WRONG!
Explanation:
I just took the test on 2020 edge
Letter C: Nations would have a smaller market in which to sell their goods.
Explanation:
One of the determinants of GDP is foreign trade through net exports. In this sense, foreign trade is important for the termination of industrialized economies by increasing the volume of traded products. If there was no such trade, nations would only trade domestically, that is, they would have a smaller market to sell their products, besides, GDP would be lower due to this limitation.
The answer is Option D! They would have a smaller market in which to sell their goods. I risked a 90% on my test for this answerXD
The answer to this question is:
~It industrialized nations did not expand their reach abroad, then "Nations would make what they needed with local resources" since they would be denied external resources.
Have a great day!!
The correct answer is that nations would have a smaller market in which to sell goods
Explanation:
If an industrialized nation did not expand their reach through international trade, the nation would be limited to national trade, thus limiting the market in which to sell goods. Without a bigger market in which to sell goods, the industrialized nation would be limiting its economic growth and possibilities.
Nations would have a smaller market in which to sell their goods.