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Macroeconomics 2105 > Chapter 4: Value Creation Through Trade > Flashcards

Chapter 4: Value Creation Through Trade Flashcards

1
Q

What do we call Trade without money?

A

Bartering

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2
Q

What is Trade?

A

Occurs when goods, services, or resources are exchanged. Sometimes using money as exchange

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Macroeconomics 2105 (4 decks)

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