The increasing exchange of goods, services, ideas, and people among countries is referred to as ______.

The exchange of goods and services for other goods and services is referred to as Blank______.Multiple choice question.investingexchangingbarteringfinancing

Arrangement of resources, including people, to most efficiently produce goods and services is referred to as .

The rate at which businesses and workers exchange money for labor services is commonly referred to as theMultiple choice question.wage.payroll.stipend.

Productivity grows more quickly when countries produce goods and services in which they are of ________ advantage.

All are advantages of foreign trade EXCEPT: People get foreign exchange Nations compete Cheaper goods Optimum utilization of country's resources