By trading, countries are able to consume more than they could without trade. this outcome is possible because of D.all of the above.
Traders make profits by speculating on rising and falling prices of financial instruments. Various markets that traders often speculate on are stocks, options, forex, cryptocurrencies, commodities, bonds, and other derivatives.
Trade is the voluntary exchange of goods or services between economic agents. Since transactions are consensual, it is usually assumed that the transaction is mutually beneficial. In finance, trading refers to buying and selling stocks and other assets.
Trade as a noun can refer to the buying, selling, or exchange of goods and services between persons, businesses, countries, and other entities. The term is often synonymous with "commerce".
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Question: By trading, countries are able to consume more than they could without trade. This outcome is possible because
A. world production of both goods increases after the trade.
B. inefficiencies in resource allocation are reduced.
C. shifting production to the more efficient country long dash—the one with the comparative advantage long dash—increases total production.
D. all of the above.
