Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements best describes the difference between international trade in goods and international trade in services? Question 9 options: a) The producer

Which of the following statements best describes the difference between international trade in goods and international trade in services?

Question 9 options:

a)

The producer and the consumer involved in an international transaction of a good generally must be in the same location while the producer and the consumer involved in an international transaction of a service generally must not be in the same location.

b)

The producer and the consumer involved in an international transaction of a good generally must not be in the same location while the producer and the consumer involved in an international transaction of a service generally generally must be in the same location.

c)

The producer and the consumer involved in an international transaction of a good generally must not interact with each other at the same time while the producer and the consumer involved in an international transaction of a service generally must interact with each other at the same time.

d)

b+c.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Technology Ventures From Idea To Enterprise From Idea To Enterprise

Authors: Richard C Dorf, Byers

5th Edition

1259875997, 9781259875991

More Books

Students also viewed these Economics questions