1. Why do countries trade with each other? Provide examples of trade (import and exports) between 2 countries
2. What would happen if countries curtailed or did not trade with each other?
3. (a) Select a relevant International Tradetheory discussed in chapter 2 (excluding Mercantilism Theory which is outdated) to explain why it is beneficial for a country to engage in international trade.

(b) Provide specific example of a country and product and explain why the country chose to export that product/services to other countries.

list your sources