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    International Trade
  4. Exam
    Exam 3: Understanding Terms of Trade and Trade Gains Theory
  5. Question
    According to Jacob Viner, the Classical Economists Measured the Gains
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According to Jacob Viner, the Classical Economists Measured the Gains

Question 2

Question 2

Multiple Choice

According to Jacob Viner, the classical economists measured the gains from trade in terms of


A) Increase in national income
B) Difference in comparative costs
C) Terms of trade
D) All of the above

Correct Answer:

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