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Economic Interactions Occur Only in the Presence of Government

question 134

True/False

Economic interactions occur only in the presence of government.


Definitions:

Trade

The exchange of goods and services between individuals or entities, often across borders, which can improve efficiency and contribute to economic growth.

Enforced

Implemented or imposed by authority to ensure compliance with laws, rules, or regulations.

Accountable

Being responsible or answerable for actions or decisions, often in a legal or moral context.

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