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Author Question: For barter exchange to take place, a. there has to be a coincidence of wants. b. the products in ... (Read 15 times)

newbem

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on: Jun 30, 2018
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


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asdfghjkl;

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


newbem

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Reply 2 on: Jun 30, 2018
Wow, this really help

mohan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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