This type of store retail business is called the convenience store. They stock a wide variety of goods every day and may also offer other services such money order or wire transfers. A great example is the chain of 7-11 stores.
Good things
1. Government can control market failure
2. It help optimize social welfare
3. It prevents monopoly
Bad things
1. Lack of efficiency
2. No rewards
Right handed people make more money. Because most working instrument are only made for right handed hence why they make more money than left-handed people.
Exporting products overseas is an example of a convertible trade fair trade. Thus, the correct option is A). a convertible trade fair trade.
<h3>What does the term export mean?</h3>
Export refers to the production of goods and services in one country but sold to a buyer abroad or in another country. It is the oldest forms of economic transfer of goods and services between different countries.
Export is the economic activity of exporting or selling the goods to the another country or across the border of a country.
Basically, exports lead to increased investment, technological advancement and market expansion which contribute to the economic growth.
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