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Multiple Choice
Which of the following usually facilitate a connection between two anonymous parties that are willing to trade?
A
Households
B
Firms
C
Markets
D
Governments
Verified step by step guidance
1
Understand the concept of anonymity in trade: When two parties are anonymous, they do not know each other's identity, which can make direct trade difficult.
Recognize the role of intermediaries: Some entities help connect buyers and sellers who do not know each other, facilitating trade.
Evaluate the options: Households and firms are typically participants in trade, not facilitators; governments regulate but do not usually connect anonymous parties directly.
Define markets: Markets are platforms or systems where buyers and sellers meet, often anonymously, to exchange goods and services.
Conclude that markets facilitate connections between anonymous parties by providing a structured environment for trade to occur.