ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Read these sentences from the text. “Have you ever swapped sandwiches with a friend at lunchtime? Trade is the name we give to any exchange of one thing for something else. Trading can take place between people, companies, and countries.” Why might the author have asked the question, “Have you ever swapped sandwiches with a friend at lunchtime?”
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to prove to readers that trade can include the exchange of services
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to show readers that trade can take place between companies and countries
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to introduce readers to the idea of trade with an example
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None of the above
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Explanation:
Detailed explanation-1: -Trade is the name we give to any exchange of one thing for something else. Trading can take place between people, companies, and countries."
Detailed explanation-2: -Solution. Buying and selling of goods and services are called trade.
Detailed explanation-3: -: to give one thing in exchange for another. : to engage in the exchange, purchase, or sale of goods. : to make one’s purchases : shop.
There is 1 question to complete.