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If We Add Together All the Gains from Specialization and Trade

Question 143

Multiple Choice

If we add together all the gains from specialization and trade and then subtract all the losses,the net result would be


A) Zero: the gains and losses would cancel out.
B) Positive: a net gain for the world and each country.
C) Negative: a net loss for the world and each country.
D) Impossible to tell: the net result could be zero,positive,or negative.

Correct Answer:

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