The Analysis of International Trade Suggests That When There Are

The analysis of international trade suggests that when there are no economies of scale:

A) large countries reap most of the gains from trade, and small countries are exploited.
B) small countries reap most of the gains from trade, and large countries are exploited.
C) all countries gain from trade, but smaller countries are likely to reap relatively bigger gains.
D) all countries gain from trade, but larger countries are likely to reap relatively bigger gains.