Question

Match the following * 5 points External trade Commerce Trade Entrepot Wholesale trade The process of exchange and distribution of goods and services. Buying and selling of goods and services Buying and selling of goods in large quantities Import of goods for exporting Buying and selling of goods between different countries The process of exchange and distribution of goods and services. Buying and selling of goods and services Buying and selling of goods in large quantities Import of goods for exporting Buying and selling of goods between different countries

Answer 1

Answer:

major sources of gain form trade are specialization, division of labor, expanded size of the market, low per-unit cost, and mass production made possible by the trade and innovation and discovery of new production techniques and products