Which of the following is not one of the dynamic gains from trade?
A) greater efficiency in the use of resources
B) larger gains from trade for small countries
C) increases in the quality of goods
D) a lower rate of growth of GDP
E) None of the above

Question

Quizplus · Accepted Answer

Dynamic gains from trade typically include improvements in efficiency, increases in the quality of goods, and potentially larger relative gains for smaller countries due to access to a larger variety of goods and services. A lower rate of growth of GDP is not considered a gain from trade; rather, trade generally contributes to higher GDP growth rates by allowing countries to specialize and improve productivity.

Which of the Following Is Not One of the Dynamic