The complementary nature of economic flows internationally, whereby imports stimulate exports and vice versa, is called ________ and is one argument for free trade among nations.
A) the balance of trade
B) countertrade
C) exchange trade
D) the trade feedback effect
E) global market trading
Correct Answer:
Verified
Q7: All nations and regions of the world
Q8: Which of the following countries is the
Q9: The monetary value of all products and
Q10: The balance of trade is the
A) difference
Q11: Which of the following countries is the
Q13: Countertrade refers to
A) the illegal agreement of
Q14: All of the following are challenges faced
Q15: The trade feedback effect is one argument
Q16: A country's imports
A) stimulate the imports of
Q17: Gross domestic product is the
A) monetary value
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