Can u correct this text please? International trade Why the states sell? What is the basis of trade between countries? Stated most generally, international trade is a means by which countries can develop specialization, increase productivity of their resources and thus increase total production. The sovereign states, as individuals and regions of the country can benefit by specialization of products they can produce with the greatest relative efficiency, and further exchange of goods that they are unable to produce the most effective. While the above rationale for world trade is quite correct, it in a sense begs the question “Why do nations trade?” hinges upon two points. First, the economic resources - natural, human and capital goods - are divided between the countries over irregulary, countries differ in their provision of economic resources. Second, the efficient production of various goods requires different technologies or combination of resources.