INTERNATIONAL TRADE COMPREHENSIVE
EXAMINATION TEST 2026 PRACTICE
SOLUTION QUESTIONS AND ANSWERS
GRADED A+
●● In regard to trade, the United States Answer: imports and exports
goods and services.
●● Which is the best example of a country that is dependent on other
countries? Answer: a country that has little fertile soil
●● Which is an example of a country that is overly dependent on
another country for critical goods and services? Answer: a country that
imports all its oil
●● How does international trade best benefit specialization? Answer: A
country can make and sell goods affordably and buy goods it cannot
make.
●● Why would a country want to establish absolute advantage? Answer:
to produce goods more efficiently than other countries
●● Which statement best describes how globalization is affecting the
world? Answer: The world is becoming more globalized and connected.
EXAMINATION TEST 2026 PRACTICE
SOLUTION QUESTIONS AND ANSWERS
GRADED A+
●● In regard to trade, the United States Answer: imports and exports
goods and services.
●● Which is the best example of a country that is dependent on other
countries? Answer: a country that has little fertile soil
●● Which is an example of a country that is overly dependent on
another country for critical goods and services? Answer: a country that
imports all its oil
●● How does international trade best benefit specialization? Answer: A
country can make and sell goods affordably and buy goods it cannot
make.
●● Why would a country want to establish absolute advantage? Answer:
to produce goods more efficiently than other countries
●● Which statement best describes how globalization is affecting the
world? Answer: The world is becoming more globalized and connected.
