What is the term for the middleman involved in the buying and selling of goods?

Multiple choice question for Basic of Economics. Select an option, then review the explanation below.

Explanation

A broker acts as an intermediary between buyers and sellers in transactions involving goods, facilitating the exchange without taking ownership of the products.

Practice related questions from the same subject.

1.Which of the following best describes deflation?
2.Under what condition can two nations benefit from engaging in international trade?
3.Which of the following represents a legitimate form of currency?
4.Which political ideology is best summarized by the phrase, "From each according to his ability, to each according to his needs"?
5.Which type of currency experiences a decline in its exchange rate due to a continuous balance of payments deficit?

What is the term for the middleman involved in the buying and selling of goods?

Explanation

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