Question

Which is the most accurate statement about trade?

Answer 1

Answer:

(A) Trade can make every nation better off is the correct answer.

Explanation:

• Trade includes the exchange of goods and services for trading objectives.
• People, organizations, and countries that employ trade develop better off as they satisfy each other’s requirements.

• People can purchase a more fabulous variety of goods and services at a cheaper cost via trading by others.

• Both Nations and families profit from the capability to trade with one other.

• Trade provides nations to specialize in whatever they do is most satisfying and to love different kinds of goods and services.