Because trade across markets creates winners and losers,the overall surplus in the loser's market is diminished.

Name: Because trade across markets creates winners and losers,the overall surplus in the loser's market is diminished.
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Question

Quizplus · Accepted Answer

Trade across markets generally increases overall surplus by allowing resources to be allocated more efficiently, even though it may create winners and losers within specific markets.

Because Trade Across Markets Creates Winners and Losers,the Overall Surplus