If Trade Between Two Countries Is Voluntary, One Can Expect

question 66

Multiple Choice

If trade between two countries is voluntary, one can expect that

• A)one country's gain is necessarily the other's loss.
• B)one country will exploit the other one.
• C)neither country really gains from trade.
• D)the larger country will always gain at the expense of the smaller.
• E)both countries expect to gain something.

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the business's operating cycle, whichever is longer.