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WAEC Economics 2014 Objective — Question 44

Question 44 of 50 from the West African Examinations Council (WAEC) Economics 2014 Objective paper, with the correct answer and a full explanation.

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International trade is desirable because

  • A. it may lead to overproduction
  • B. it brings about overdependence of countries on one another
  • C. it provides foreign market for local goodsCorrect
  • D. it brings about unhealthy competition and rivalries

Explanation

The only advantage of international trade among the options provided is that it provides foreign market for local goods. With international trade, goods can be produced locally and sold abroad.

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