A complicating factor in international trade is that
A) barter is the basis for trade between countries; money is not used.
B) gold is used for payments; there are no international payments without gold.
C) many other countries prefer to use the U.S.dollar as currency, causing monetary shortage in the United States.
D) trade between countries requires different currencies rather than one currency.
Correct Answer:
Verified
Q76: Trade between two nations is complicated by
A)the
Q77: Political factors influence international trade because
A)foreign trade
Q78: The logic of why international trade increases
Q79: Suppose a country's workers can produce 4
Q80: Suppose a country's workers can produce 4
Q82: Which of the following is true?
A)A nation
Q83: A country has an absolute advantage over
Q84: If a nation does not have an
Q85: Are there impediments to international movement of
Q86: If a nation has an absolute advantage
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents