Describe Three Types of Gains from Trades

question 33

Multiple Choice

Describe three types of gains from trades?

• A) trades of exchange rates for goods or services, trades of goods or services for property, and trades of gold for textiles
• B) trades of goods or services for goods or services, trades of goods or services for assets, and trades of assets for assets
• C) trades of imports for exports, trades of exports for imports, and trades of natural resources for financial assets
• D) trades of services for goods, trades of currency for services, and trades of one type of currency for another
• E) trades of current goods for future services, trades of currency for gold, and trades of one type of currency for another

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Definitions:

Ammonification

Ammonium-producing process of decomposition.

Nitrification

Conversion of ammonium to nitrate.

Trophic Category

A classification describing the position of organisms within a food chain, based on their feeding relationships and energy transfer.

Detritivore

An organism that feeds on dead organic matter, largely contributing to decomposition and nutrient recycling in ecosystems.