According to the two-country general-equilibrium model, international trade is a:
A) positive-sum game in which both players win.
B) zero-sum game in which one side wins and the other loses.
C) negative-sum game in which both sides end up worse off than if they had not played.
D) indeterminate game, in which there are sometimes winners and sometimes there are losers.
Correct Answer:
Verified
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