What difference between free trade and costly trade credit


Problem

a. What is the difference between free trade credit and costly trade credit?

b. Should businesses use all the free trade credit that they can get? Explain your answer.

c. Should businesses use all the costly trade credit they can get? Explain your answer.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What difference between free trade and costly trade credit
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