Multiple Choice
In the modern trade theory, the gains from international trade are clearly differentiated between
A) The gains from exchange and the gains from specialization
B) The gains from exchange and income
C) The gains from exchange and price
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: The ratio between the price of a
Q16: When a country's import price relatively rises
Q17: The classical theorists believed that the gains
Q18: A single factoral terms of trade shows
Q19: An increase in the index of income
Q20: The gains from trade refers to<br>A)A duty
Q21: The terms of trade refers to the
Q22: The types of terms of trade does
Q24: Mill's theory of reciprocal demand is based
Q25: In modern trade theory, the gains from