This topic contains a solution. Click here to go to the answer

Author Question: For barter exchange to take place, a. there has to be a coincidence of wants. b. the products in ... (Read 85 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
For barter exchange to take place,
 a. there has to be a coincidence of wants.
  b. the products in question have to be divisible.
  c. money has to be used to put a value on the transaction.
  d. there has to be a single coincidence of wants.
  e. gold has to be one of the goods traded.

Question 2

International specialization and trade according to the principle of comparative advantage is mutually beneficial for all economies involved.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

a

Answer to Question 2

True




newbem

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
:D TYSM


sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library