Elementary arithmetic consists of the operations $+$, $-$, $\times$, $\div$ and you are correct that you can pair them up so that one operation does the opposite to the other; that is, the pair $+,-$, and the pair $\times, \div$. You can also pair up the analogues, namely $+,\times$, and $-,\div$. This is most apparent when only integers are concerned, since $m\times n=m+m+\cdots+m$ ($n$ times) $=n+n+\cdots+n$ ($m$ times), and $m\div n=m-n-n-\cdots-n$ until we arrive at the minimum non-negative integer.
But $-,\div$ are not commutative, unlike $+,\times$, since $m\div n\ne n\div m$ in general. Repeated multiplication in exponentiation makes sense as $m^a=m\times m\times \cdots\times m$ ($a$ times) and no matter how to bracket each operand, you will get the same result. One difficulty in repeated division is due to its non-commutativity: the expression $a\div b\div c$ is ambiguous without the use of brackets, and this is before we get to radicals.
You can think of roots as the opposite of exponentiation; that is, for what value of $m$ is it true that $m^a=n$? That is, in an integer sense, it is the value of $m$ such that if you multiply itself $a$ times you get $n$. It is impossible to divide anything in $$m\times m\times\cdots\times m=n$$ to find $m$! However, just because exponentiation and radicals have the opposite effect does not mean that they can be defined as the repeated usage of the reverse of the intrinsic operations ($\times$ and $\div$). Otherwise, you can even go further, since for integers, $\times$ is intrinsically linked to addition, surely roots can be done using subtraction?
Now you ask whether radicals can be written in terms of elementary arithmetic operations only. Consider the irrational number $\sqrt2$ which satisfies the equation $m^2=2$. Clearly it cannot consist of a finite combination of such operations as this would imply that $\sqrt2$ is rational. However, it is possible to express it as an infinite series, consisting of the operations used infinitely many times: $$\sqrt2=1+\frac{4}{10}+\frac{1}{10\times 10}+\frac{4}{10\times 10\times 10}+\cdots$$ and can also be expressed through continued fractions, which we will not go into detail here. And it is by this means that we can obtain approximations, as we can never reach every decimal digit of an irrational number.