Match the terms listed with the definitions. A country specializes in the production of a good or

Question:

Match the terms listed with the definitions. A country specializes in the production of a good or service at which it is relatively more efficient

a. absolute advantage

b. balance of payments

c. balance of trade

d. bill of exchange

e. commercial invoice

f. comparative advantage g. credit risk insurance h. currency futures i. developing country j. embargo k. exchange controls l. exports m. floating exchange rates n. foreign debt o. global stock index p. imports q. infrastructure r. less-developed country (LDC)
s. letter of credit t. quota u. tariff

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Finance

ISBN: 9780357532348

1st Edition

Authors: Les Dlabay, James L. Burrow

Question Posted: