The table given below shows the absolute tax amounts under five different tax policies for respective income levels.Table 19.2

-Which of the following factors is least likely to affect what goods and services countries end up trading in the international market?

Question

The table given below shows the absolute tax amounts under five different tax policies for respective income levels.Table 19.2
 
-Which of the following factors is least likely to affect what goods and services countries end up trading in the international market?

Quizplus · Accepted Answer

Government debt levels are not a significant factor in determining what goods and services countries trade in the international market. Factors like international trade tariffs, comparative advantages, differences in tastes, and different technological needs are more likely to affect trading decisions.

The Table Given Below Shows the Absolute Tax Amounts Under