question archive Q)Many countries import considerable amounts of goods and services from other countries

Q)Many countries import considerable amounts of goods and services from other countries

Subject:EconomicsPrice:2.86 Bought3

Q)Many countries import considerable amounts of goods and services from other countries. Yet economists argue that a nation can enjoy a high standard of living only if it can produce a large quantity of goods and services itself. Can you reconcile these two facts?

 

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