Question

Valuable, technologically advanced goods are less likely to e traded internationally because shipping costs absorb too much of the potential profit. true or false

Answer 1

Valuable, technologically advanced goods are less likely to be traded internationally because shipping costs absorb too much of the potential profit.

Step-by-step explanation:

The statement true that valuable, technologically advanced goods are less likely to be traded internationally because shipping costs absorb too much of the potential profit. When goods have high value and require advanced technology, the cost of shipping them internationally can be prohibitively expensive, reducing the potential profit. For example, fragile and expensive electronic devices like smartphones may have higher shipping costs due to the need for special packaging and handling.