If a Country Engages in Trade with Other Countries,it Is

question 89

Multiple Choice

If a country engages in trade with other countries,it is known as

• A)An open economy.
• B)A democracy.
• C)A closed economy.
• D)A market economy.

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Definitions:

Routes

Paths or courses determined for the transportation of goods or people from one location to another.

Distribution Network

The interconnected group of storage facilities and transportation systems that a company uses to get products from the manufacturer to the end consumer.

Raw Material

Basic materials that are processed or transformed into components or products in manufacturing and production processes.

Manufacturing Plants

Facilities where goods are produced in large quantities through combining and processing raw materials using various machines and labor.