describes a situation in which two people each want to exchange some good or service that the other can provide. Select one: a. A medium of exchange b. A double coincidence of wants c. Interrelated banking d. The usefulness of money

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.

Companies under market structures are independent

Why is accountability important in managing safety