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Question

Trade between two countries can be useful if cost ratios of goods are ______.


A
Equal
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B
Different
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C
Undetermined
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D
Decreasing
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Solution

The correct option is B Different
Trade between two or more countries is called foreign trade or international trade. This involves the exchange of goods and services between the citizens of two countriesTrading globally gives consumers and countries the opportunity to be exposed to goods and services not available in their own countries.

Business Organisation

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