trade cannot happen when a. one of the countries does not want the other country’s good. b. the price of the good falls between the countries’ two opportunity costs. c. one of the countries has the absolute advantage. d. the countries have no official trade agreement.

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michealagiyer8756 michealagiyer8756

13-09-2022
Business

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trade cannot happen when a. one of the countries does not want the other country’s good. b. the price of the good falls between the countries’ two opportunity costs. c. one of the countries has the absolute advantage. d. the countries have no official trade agreement.

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devikabalrajan devikabalrajan · Answer 1 · 2022-09-16T08:25:24-04:00

Trade cannot happen when a. One of the countries does not wasn't the other country's good.

What is trade?

Trade is the voluntary trade of products or services between diverse financial on-screen characters. Since the parties are beneath no commitment to trade, a exchange will as it were happen if both parties consider it useful to their interests. Trade can have more specific meanings in different settings. In financial markets, exchange of product to acquiring and offering securities, commodities, or derivatives. Free exchange implies international trades of items and services without obstruction by taxes or other exchange barriers.

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