Match the terms listed with the definitions. Exists when a country can produce a good or service
Question:
Match the terms listed with the definitions. Exists when a country can produce a good or service at a lower cost than other countries
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
Question Posted: