The dynamic gains from trade and the static gains from trade are the same thing.

Question

Quizplus · Accepted Answer

Dynamic gains from trade refer to the long-term benefits that countries experience from engaging in international trade, such as technological advancements and increased productivity. Static gains from trade, on the other hand, are the immediate benefits obtained from the efficient allocation of resources and the consumption of a greater variety of goods and services at lower prices.

The Dynamic Gains from Trade and the Static Gains from Trade