which statement best completes the diagram ?
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answer (b) will be the answer
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The statement which best completes the diagram is "Two countries have a surplus of different goods." (Option B)
- Disparities in technology, variations in aid endowments, variations in demand, the presence of economies of scale, and the presence of presidency rules are the number one reasons for global commerce.
- For example, if a nation A has a surplus of a specific good 'a' and a country B has a surplus of a particular good 'b,' then good a may be traded to country B and good b can be traded to country A to satisfy the infinite human requirements. This is the foundation of trade.
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