A zero-sum game occurs when
A) the market mechanism determines what a country imports and what it exports.
B) a country engages in international trade even for products it is able to produce for itself.
C) an economic gain by one country results in an economic loss by another.
D) limits on imports are done in the interests of domestic producers, but not domestic consumers.
E) one country has an absolute advantage in the production of all goods.

Question

Quizplus · Accepted Answer

In a zero-sum game, one party's gain is exactly balanced by another party's loss, which aligns with the concept of economic gain by one country resulting in an economic loss by another.

A Zero-Sum Game Occurs When