What would likely increase a nation's trade costs? Improvements in transportation efficiency Increased need for a product Breedom of transit Being a remote nation (located far away from trade partners)

Being a remote nation can significantly increase trade costs due to the longer distances goods must travel, leading to higher transportation expenses and longer delivery times. When countries are situated far from major markets, they also face additional logistical challenges and may require more complicated supply chains, making imports and exports more costly and time-consuming. Another factor that can hike trade costs is inefficient customs procedures that may arise for remote nations. When customs processes are sluggish or overly complicated, it can lead to delays in cargo movement, increased storage fees, and other unexpected costs, thereby adding to the overall price of trading goods internationally.