A | B |
Worldwide markets in which the buying and selling of goods and services by all nations takes place is known as a- | Global Economy |
A reason states and nations trade is that they cannot- | produce or produce efficiently themselves. |
A reason states and nations trade is to be able to buy goods and services at- | a lower cost. |
A reason states and nations trade is to be able to sell- | goods and services to other countries. |
A reason states and nations trade is to create- | jobs. |
Virginia and the United States specialize in the production of goods and services, which promotes- | our efficiency and growth. |
A technological innovation is a- | new technology |
Innovations in technology(ex.internet) contribute to the- | global flow of information, capital, goods, and services |
The result of using new technology often is that it- | lowers the cost of production |