Which group of countries benefits most from trade?
a. low-income countries
b. low- and medium-income countries
c. high-income countries
d. medium- and high-income countries
a. low-income countries
Economics
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In the above table, the government sector balance runs a ________ and net exports runs a ________
A) surplus of $100 billion; deficit of $200 billion B) deficit of $100 billion; surplus of $200 billion C) surplus of $100 billion; surplus of $200 billion D) deficit of $100 billion; deficit of $200 billion
Economics
Refer to Table 7-6. All of the following are terms of trade that could possibly benefit both countries except
A) 1/4 of a belt : 1 sword. B) 7/10 of a belt : 1 sword. C) 4/5 of a belt : 1 sword. D) 2/3 of a belt : 1 sword.
Economics