In general, government that followed the idea of laissez-faire in economic matters would not regulate business, or ensure that there was fair competition existing in the market place, since they would be rather "hands off" in the economy.
Rules: Don't eat-backtalk- or talk-
dont throw things- no passing notes-ext.
Open Economyan economy that interacts freely with other economies around the worldClosed Economyan economy that does not interact with other economies in the worldImportsgoods and services brought into a nation from another nationExportsGoods and services sold to other countriesBalance of Tradethe difference between a country's total exports and total importsCurrent AccountThat part of the balance of payments recording a nation's exports and imports of goods and services and transfer paymentsTrade DeficitAn excess of imports over exportsTrade Surpluswhen a country exports more than it importsCapital Accountthe measure of the buying and selling of assets between countries.Loadable Fundsis the sum total of all the money people and entities in an economy have decided to save and lend out to borrowers as an investment rather than use for personal consumption.Exchange RateThe measure of how much one currency is worth in relation to another.Appreciate<span>to increase in value</span>
Answer:
we trade to get better material. we trade for food and merchandise.
Answer:
I think the answer would have to be C
Explanation: Most of the other questions don't seem correct. Let me know what u got!
