Which of the following is not a reason countries import goods?

A. Differences in natural endowments
B. the law of absolute advantage
C. Differences in tastes
D. The love for other nations

Correct Answer: Option D

D. The love for other nations

Explanation

Reasons for importing goods might include:

Meeting customer demand.

• Sourcing products that don’t exist in the country’s borders.
• Cost of importing is lower than the cost of manufacturing.
• Quality of the product is better when imported.