International trade allows the world to use its resources more efficiently but one country's gains are another country's losses.

Question

Quizplus · Accepted Answer

International trade allows countries to specialize in the production of goods and services in which they have a comparative advantage, leading to overall gains in efficiency and productivity. This can result in mutual benefits for all countries involved, rather than a zero-sum game where one country's gains are directly another country's losses.

International Trade Allows the World to Use Its Resources More