Asked by
Charles Simwanda
on Oct 27, 2024Verified
Trade theoretically allows people to get more of what they want.
Trade
The exchange of goods, services, or both within and between countries.
Specialize
To focus on a particular area of production or work, allowing for increased efficiency and expertise in that area.
- Recognize the benefits and necessity of trade in an economy.
Verified Answer
OS
Learning Objectives
- Recognize the benefits and necessity of trade in an economy.
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