The revolt of slaves caused political revolutions in Latin America during the age of revolutions.
A significant understanding of international trade theory is that when countries interchange goods and services one with the other, it is usually beneficial to both countries. In relation to international economics, if there are huge differences in wage levels among countries then trade is probable to be harmful to neither country. The cost and benefit analysis of international trade emphases consideration on engagements of interest in countries. Since the end of world war II, the interpretation contained by the advances democracies regarding the quantity of trade has lately been interrogated by a largely political movement collected of traditional nationalists and new ideologues.
I believe it’s A, but please correct me if I’m wrong!
Answer:
Opportunity cost
Explanation:
According to my research on business terminology, I can say that based on the information provided within the question the term being defined is known as Opportunity cost. This term is defined as the loss of other alternatives when one alternative is chosen.
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Answer:
True
Explanation:
Trade-offs are in fact alternatives that must be given up when one choice is made rather than another :)
