Intertemporal trade refers to the phenomenon where a country is trading current consumption for future consumption or vice versa.

Question

Quizplus · Accepted Answer

Intertemporal trade involves making decisions about consumption and production across different time periods, often involving trade-offs between current and future consumption, which can occur both at an individual and country level in the context of international trade.

Intertemporal Trade Refers to the Phenomenon Where a Country Is