1:prices are seen as signals to consumers in free markets. explain this concept and how a price floor or signal may distort price`s signal to buyers.
2:commerce is language that transcends most cultural, political and religious values, why is this a fact when it comes the establishment and growth of economies.
3:explain the relationship between wars(which are in some cases a battle over undefended wealth) and the growth of trade in some parts of the world on a historical basis. limit your response and site examples.
4:explain the concept of scarcity and competition and how they relate to the use of rationing devices in free market economies.
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