The Terms of Trade Between Any Two Countries for Two

question 24

True/False

The terms of trade between any two countries for two goods cannot be between their respective opportunity costs if there are to be any gains in trade.

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Definitions:

Drummers

Musicians who play drums, which are percussion instruments consisting of a membrane, called a drumhead or drum skin, that is stretched over a shell and struck, directly with the player's hands, or with a drum stick, to produce sound.

Brainworkers

Individuals engaged in mental or intellectual labor, as opposed to manual labor, often involving creative, analytical, or technical activities.

Federal Troops

Military forces deployed by the federal government of a nation, often used for maintaining security, defense, and order, including during times of civil unrest.

Break Down Strikes

The act of forcibly ending or undermining strikes, often through legal, political, or physical means, typically by employers or government authorities.