What are the microeconomic aspects of international economies?
A)Balance of payments issues
B)International trade theory and polices
C)Adjustments in the balance of payments
D)GDP

Question

Quizplus · Accepted Answer

International trade theory and policies are microeconomic aspects as they focus on the behavior of individuals and firms in making decisions on the allocation of resources and the interactions among these individuals and firms in narrowly defined markets.

What Are the Microeconomic Aspects of International Economies