When we say that a country enjoys gains from trade,we mean:

Question

Quizplus · Accepted Answer

When a country engages in trade, it can produce and consume goods more efficiently and effectively, leading to a net gain of surplus. This means that the benefits of trade far outweigh the costs, resulting in a positive net gain for the country. While not everyone in the country may benefit equally from trade (some may benefit more as producers while others benefit more as consumers), the overall gain of surplus is still positive. Therefore, option B is the correct answer.

When We Say That a Country Enjoys Gains from Trade,we