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 72 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
Thanks for the timely response, appreciate it


samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library