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Reika [66]
2 years ago
14

When we say trade between two countries can make each country better off what is meant by this?.

Business
1 answer:
AlexFokin [52]2 years ago
5 0

What is meant by saying trade between two countries can make each country better off is : International trade.

What is international trade?

International trade is a trade between two or more countries. It is the exchange of capital, goods and services across international boundaries.

There is no country in the world that can produce all that is needed by people. However, international trade facilitate exchange of goods and services among different countries, hence make each country better off.

Therefore, what is meant by saying trade between two countries can make each country better off is International trade.

Learn more about international trade here :brainly.com/question/15115779

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3 years ago
At 9,000 drect labor hours, the flexible budget for indirect materials is $27,000. If $28,000 of indirect materials costs are in
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