Under the gains from international trade, the gains from exchange is also known as the
A)Partial gains
B)Consumption gains
C)Domestic gains
D)Price gains

Question

Quizplus · Accepted Answer

The gains from exchange in the context of international trade are also referred to as consumption gains, as they arise from the ability of countries to consume more or different goods and services than they could produce on their own, thanks to trade.

Under the Gains from International Trade, the Gains from Exchange