Which of the following suggests that trade is a positive-sum game in which all participating countries fetch economic gains?

Question

Quizplus · Accepted Answer

Ricardo's theory of comparative advantage suggests that consumers in all nations can consume more if there are no restrictions on trade even if they lack an absolute advantage in the production of any goods. In other words, to an even greater degree than the theory of absolute advantage, the theory of comparative advantage suggests that trade is a positive-sum game in which all countries that participate realize economic gains.

Which of the Following Suggests That Trade Is a Positive-Sum