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Sublight2097 Sublight2097
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9 years ago
Which statement most adequately describes the productivity of trade relative to the productivity of agriculture and manufacturing?
A) Trade is essential in an economy once agriculture and manufacturing have developed, even though it is not productive.
B) Trade is less productive than agriculture or manufacturing.
C) The word productive must be applied to agriculture or manufacturing in the same way it is applied to trade.
D) Trade is productive only insofar as it distributes newly produced agricultural or manufactured goods.
E) Trade is rarely productive because it almost never increases the quantity of goods in the economy.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Seriously, you've been tremendously helpful! Thank you.
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9 years ago
Glad to help you, and good luck with your course.
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