- Country A produces a certain good in abundance and sells it at a cheaper rate to other countries - comparative advantage.
- Country B produces a good with a lower opportunity cost than another good - specialization in trade.
- Country A has superior resources to produce a good more efficiently - absolute advantage.
- Countries A and B have a free flow of labor across their borders - assumption in trade.
<h3>
What is Trade?</h3>
This is defined as the buying and selling of goods and services in which the seller is compensated by the buyer.
The trade terminologies and their appropriate descriptions can be seen written above.
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The answer to this is The third estate
Based on the events of the World War 2, the judgment that Koreans would most likely make about the Japanese based on the given excerpt is that, the Japanese <span> had a much stronger military than the Koreans and the answer would be option C. Hope this answers your question. </span>