If the International Terms of Trade Settle at a Level

question 62

Multiple Choice

If the international terms of trade settle at a level that is between each country's opportunity cost:

• A) there is no basis for gainful trade for either country.
• B) both countries gain from trade.
• C) only one country gains from trade.
• D) one country gains and the other country loses from trade.

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Room Temperature

The temperature in an enclosed space that is considered comfortable for humans, typically around 20-22 degrees Celsius (68-72 degrees Fahrenheit).

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