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Questions

Dashboard Term 2 Assessable Quiz 3 - International Trade & Exchange Rates

Single choice

Free trade is:

Options
A.a. the flow of goods and services between countries with restrictions applied to the flow
B.b. the flow of goods and services between countries without restrictions applied to the flow
C.c. the flow of goods and services between countries with subsidies applied to the flow
D.d. the flow of goods and services between countries with taxes applied to the flow
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Step-by-Step Analysis
Question recap: Free trade is defined as the flow of goods and services between countries without restrictions applied to the flow. Option a: 'the flow of goods and services between countries with restrictions applied to the flow' This describes restricted or regulated trade, such as with tariffs, quotas......Login to view full explanation

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