sCoTtYbOy6833 sCoTtYbOy6833
  • 04-01-2020
  • Mathematics
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Beneficial terms of trade are the terms or prices that are between the two parties' oppotunity costs

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akiran007
akiran007 akiran007
  • 04-01-2020

Answer:

Beneficial terms of trade or trading price between two parties are opportunity costs lower than the cost to manufacture them locally which benefits both parties. They must be less enough to cover the freight charges or additional service charges that may arise.

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