National Economy Flashcards

1
Q

What is economy?

A

Economy is a system of production or consumption activities that determine the allocation of resources among its participants.

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2
Q

What is national economy?

A

National economy is the state of a nation finance in view of what is produces

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3
Q

What is Trade?

A

Trade is the act of buying and selling of goods and services

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4
Q
A
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