Question

Explain how geological structures, mineral resources and climate are the bases of international trade. 

Explain how ‘difference in national resources’ act as basis of international trade.

Answer 1

The world’s national resources are unevenly distributed because of differences in their physical makeup i.e. geology, relief soil, and climate.

• Geological structure: It determines the mineral resource base and topographical differences ensure diversity of crops and animals raised. Lowlands have greater agricultural potential. Mountains attract tourists and promote tourism.
• Mineral resources: They have unevenly distributed the world over. The availability of mineral resources provides the basis for industrial development.
• Climate: It influences the type of flora and fauna that can survive in a given region. It also ensures diversity in the range of various products, e.g. wool production can take place in cold regions, bananas, rubber, and cocoa can grow in tropical regions.