Trade that is within a country or between countries is based on the principle of

A) comparative advantage. B) scarcity.
C) competition. D) absolute advantage.

A

Economics

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Direct relationships are illustrated using upward-sloping lines and curves

a. True b. False Indicate whether the statement is true or false

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The country with the largest trade deficit as a percentage of GDP in 2009 was

A. Japan. B. United States. C. France. D. Canada.

Economics