Basis of international trade? Somebody plss tell..!

International trade is based on the following:

1.International specialisation: different countries of the world specialize in the production of those goods in whose production they possess special resources.International specialisation is the result of division of labour.When division of labour go beyond national boundries ,there arises international trade.

2.Non availability of a specific factor: some factors may be available in some countries while other countries may be in possesion of other factors.Thus,non availability of a specific factor leads to international trade.

3.Difference in costs: difference in costs of different goods in different countries leads to international trade.

4.Product differentiation: international trade takes place to provide large varieties of goods to people.

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unclear question please elaborate

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