That is, is it producing goods for exchange or is it able to provide services in exchange for the goods and services it wants?
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European countries came to China to buy its tea, silks and spices and offered European industrial goods in exchange.
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For governments large and small looking to unload old and unused capital goods in exchange for cash, and buyers hoping to get their hands on some serious, if dated, hardware, Government Liquidation is the place to be.
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That means that you must include in gross income on your federal income tax return the fair market value of goods and services received in exchange for goods or services you provide.
Free trade makes us wealthier by increasing the number of people with whom we can exchange goods and services at low cost.
Whether or not gift cards will continue to be accepted, or consumers will be able to exchange goods or obtain refunds, will be decided by the administrator.
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To paraphrase Adam Smith, the sole purpose of money is to facilitate the exchange of goods.
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In truth, the sole purpose of money is to facilitate the exchange of goods.
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Just acknowledge that Adam Smith was probably right: An exchange of goods at low prices benefits everyone.
The sole purpose of the latter is to facilitate the exchange of goods.
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Our entire economy, as unwieldy and unpredictable as it is, comes from nothing more than the exchange of goods and services.
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Cheque accounts, credit cards and wire transfers provide means of payment for the exchange of goods and services, and financial assets.
To doubt that is to assume that our trading partners will forever exchange real goods and services for pieces of paper, so to speak.
The owner of the bill presents the bill, or debt instrument, to another person who has agreed to honor that bill in exchange for goods or services.
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As technological progress allows the exchange of goods and ideas over longer distances and among larger groups of trading partners, other people become more valuable alive than dead.
Rather than lightly hinting at a dollar fix, Paulson should recognize that the dollar is utterly insignificant except as a measuring stick that facilitates the wealth-enhancing exchange of goods.
About money, it should be remembered that it was conceived long ago solely to facilitate the exchange of goods, and as a way for market actors to measure the value of investments.
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Respondent notes that Tucson completed only part IV of each Form 8283 and that part IV of Form 8283 does not contain a statement as to whether Tucson provided any goods or services in exchange for the fill.
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The United States has benefited as much as any other country from the free exchange of goods, the safety of global sea lanes, the spread of democracy and the great-power stability that have characterized the entire post-World War II era.
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Both Presidents underscored that in the seven years since the U.S.-Chile Free Trade Agreement (FTA) first entered into force, not only have the conditions of exchange of goods and services improved, but also new business opportunities have been formed, leading to the diversification of products and a greater access for agricultural products.
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The prices for goods and services that emerge from voluntary exchange provide a measure of the alternatives people are willing to sacrifice to get those goods and services.
They will be permitted to cut their tariffs on these goods by less, in exchange for letting in larger amounts at lower rates of duty.
Indeed, owing to his view that we must reduce our "trade deficit, " Bernanke expresses concern with so many dollars reaching China in exchange for the goods we Americans like.
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When I first read the story I thought it was an exchange for actual goods, like bed pans and surgical kits, a circa-1999 idea like the old Commerce One or VerticalNet.
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When you or I accept dollars in exchange for providing goods and services, we do so trusting that when we spend those dollars, they will be accepted for an equivalent amount of goods and services.
If driving to a store and waving your phone by a terminal puts too much sweat on your brow, American Express has launched a new way to part with your money in exchange for physical goods that's even more effortless.
Upon calling them again I was told that this was standard procedure in the event of faulty goods and no refund or exchange could go ahead without this visit, despite a previous agent telling me that the pictorial evidence was sufficient to effect this action.
This is exactly what economic theory would predict: countries with faster productivity growth in the traded-goods sector should see rising real exchange rates.
All we requested was a simple exchange of the faulty goods for undamaged ones or a partial refund of the price of the damaged items.
Voluntary exchange can provide public goods and internalize externalities.
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