Multiple Choice
Many of the gains from trade occur through a reallocation of a country's existing resources. These are known as the _____ gains from trade.
A) monetary.
B) static
C) opportunity
D) dynamic
E) only
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: The Mercantilists believed that international trade was
Q2: Prices of traded goods fall in the
Q4: Comparative advantage only applies to international trade.
Q5: Gains from specialization and trade are basically:<br>A)
Q6: The dynamic gains from trade and the
Q7: Consider the information below for Namibia and
Q8: Trade between Mississippi and Massachusetts occurs for
Q9: List and explain the various dynamic gains
Q10: Which of the following is not true
Q11: The Mercantilists believed that imports were "bad"