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: Owned and managed by one person; unlimited liability.
Based on the official syllabus, these notes generally include:
: Visible trade involves tangible physical goods (e.g., copper, maize). Invisible trade involves intangible services (e.g., tourism, banking).
: Owned and managed by one person; unlimited liability.
Based on the official syllabus, these notes generally include:
: Visible trade involves tangible physical goods (e.g., copper, maize). Invisible trade involves intangible services (e.g., tourism, banking).