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Commerce · Q337

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 337

Q337

Which one of the following statements is NOT correct?

A.
Trade between two countries can take place when their supply and demand conditions are identical
Answer
B.
Trade between two countries can take place with different supply conditions and similar demand conditions
C.
Trade between two countries can take place with identical supply conditions and dissimilar demand conditions
D.
Trade between two countries can take place with different supply and demand conditions

Answer: Option A

Solution

Answer: Option A
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