12 multiple choice 5 points this is a visual representation of a line to see what types of economies that…

12 multiple choice 5 points this is a visual representation of a line to see what types of economies that different countries have. economic continuum command economy market economy mixed economy 13 multiple choice 5 points true or false: a quota is unlimited on trade among countries. false true

12 multiple choice 5 points this is a visual representation of a line to see what types of economies that different countries have. economic continuum command economy market economy mixed economy 13 multiple choice 5 points true or false: a quota is unlimited on trade among countries. false true

Answer

Brief Explanations:

  1. An economic continuum is a visual way to show different types of economies. A command economy is centrally - planned, a market economy is driven by supply and demand, and a mixed economy has elements of both. The description matches the concept of an economic continuum.
  2. A quota is a limit on the quantity of goods traded between countries, so the statement that a quota is unlimited on trade among countries is false.

Answer:

  1. Economic Continuum
  2. False