Trade between two countries can benefit both countries if
举一反三
- International trade is the trade _______(make) between two different countries or regions.
- Trade between two countries can benefit both countries if() A: each country exports that good in which it has comparative advantage. B: each country enjoys superior terms of trade. C: each country has a more elastic demand for imported goods. D: each country has a more elastic supply for the exported goods.
- ________ that the trade between the two countries reached its highest point.
- Trade between countries ( ) A: allows<br/>each country to consume at a point outside its production<br/>possibilities frontier. B: limits<br/>a country’s ability to produce goods and services on its own. C: must<br/>benefit both countries equally; otherwise, trade is not mutually<br/>beneficial. D: can<br/>best be understood by examining the countries’ absolute<br/>advantages.
- Assuming increasing cost conditions, trade between two countries would not be likely if they have: