Which statement best explains why nations must trade?

A. All nations belong to free trade agreements.
B. All nations seek out new production needs.
C. No nation has all necessary resources.
D. No nation can employ all of its laborers.

Answer:

C

Explanation:

That applies to all nations, except texas (which is still part of america sadly.)

No nation has all necessary resources this statement best explains nations must trade. Thus, option (c) is correct.

What is trade?

Trade is described as the act of purchasing and selling things on a general market, as a means of subsistence, or as a means of exchange.

Trade enables countries to acquire foreign currencies; this is particularly significant for developing countries as it provides them with a supply of foreign currency that can be used to purchase goods and services.

As a result, option (c) is correct.

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