Question

Identify what is asked in the following statement.

1.) It is a political organization which possesses sovereign jurisdiction within identified territory and exercise its power through a set of permanent institutions.____________________
2.) It is the exchange tends to favor one party over the other, as the value of the goods for exchange is unequal._____________
3.) It is an economic term which refers to a bigger setting where buyers or sellers simultaneously trade or exchange of goods and services. ___________________
4.) It is an exchange system wherein the commodities are contributed by all members of the social group to a common pool from which they are then distributed to where they will be used.______________________
5.) It consists of objects that serve as means of exchange for goods and services._________________
6.) It is the transfer of goods between individuals or group._______________
7.) It is the movement of resources or goods from where they are found or produced to where they will be used.____________________
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Answer 1

Answer:

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