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Rylee Key
Social Studies
19 July, 10:54
What best explains how trade enhances efficiency
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Boston Donaldson
19 July, 11:08
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Trade gets productive resources from one place to another where they're more needed.
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Jazmin Harrington
19 July, 11:16
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Trade gets productive resources from one place to another where they're more needed.
Explanation:
Trade is defined in economics field as the buying and selling of good and services with the exchange of them between parties. It can take place between buyers and sellers, producers and consumers, etc. International or interstate trades allows their economics to expand markets that or else may not have been accessible to it. Global trade permits affluent countries to use their resources more efficiently in order to sell it cheaper than in the country that do not have them and like this obtaining more benefits.
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