Trade between individuals in two different countries would not occur unless both parties believed that it made them better off.

Question

Quizplus · Accepted Answer

Trade only occurs if both parties believe that they will benefit from the exchange. If either party believed that the trade would make them worse off, they would not engage in it voluntarily. Therefore, trade between individuals in two different countries must be mutually beneficial, or it would not occur.

Trade Between Individuals in Two Different Countries Would Not Occur