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Paper 2 · International Trade

International trade is best described as

Athe exchange of goods and services across national boundaries
Bthe exchange of goods between firms inside one single country
Cthe movement of workers from one industry to another industry
Dthe buying and selling of shares on a country's stock exchange
Explanation: International trade is trade between countries, made up of exports sold abroad and imports bought from abroad. It covers visible trade in goods and invisible trade in services such as tourism, transport and banking.

Derived from ZIMSEC Economics 4050/2 Paper 2, June 2023, Q2

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