An Open International Economy Is a Collective Good

question 7

True/False

An open international economy is a collective good.

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Definitions:

Call for Tenders

A formal request issued by a business or government for suppliers to submit proposals to undertake a specified project or service.

Municipality

A city, town, or other district possessing corporate status and usually its own local government.

Compensation

Payment or reward given for services or to make up for someone's loss, damage, or injury.

Gratuitous Act

An action or deed done voluntarily without expecting any return or compensation.