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Rachel A. Montgomery
on Nov 29, 2024

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It is ____ that in international trade,when one country gains,another loses;it is ___ that to assure prosperity for its citizens,a nation should do all it can to promote exports and keep out imports.

A) true;true
B) false;false
C) false;true
D) true;false

International Trade

The exchange of goods, services, and capital across international borders or territories, which involves the import and export activities between different countries.

Prosperity

A state of economic well-being and successful, flourishing conditions, often associated with wealth.

Exports

Goods or services produced in one country and sold to buyers in another, contributing to a nation's gross domestic product.

  • Understand the fundamental principles of international trade.
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Charlotte RibalkinDec 06, 2024
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