QUESTION IMAGE
Question
multiple choice question
whether a good or a service will be traded internationally depends largely on:
the terms associated with the trade.
the areas the traders live in.
how large the market is for one of the goods.
whether the product is consumable or not.
International trade of a good/service is driven by the viability of trade terms (like costs, tariffs, demand-supply dynamics, and comparative advantage) that make cross-border exchange profitable and feasible. The location of traders, market size for a single good, and whether a product is consumable do not directly determine if it will be traded internationally.
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A. the terms associated with the trade.