Voluntary exchanges between ____________ generates surplus.
A) firms
B) countries
C) individuals
D) All of these are true.
Correct Answer:
Verified
Q6: Voluntary exchanges generate:
A)surplus, leaving both participants better
Q14: When trade is possible,each country can produce
Q15: If Spain sells soccer balls to the
Q16: If Japan has an absolute advantage over
Q17: For the most part,trade between many countries:
A)
Q18: Both countries can benefit from trade when:
A)
Q22: As workforces become more educated in countries
Q23: If there are big gains to be
Q24: We might predict that Hawaii has a
Q33: A country is likely to have a
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