According to the _____ model,when a rich country enters into a free trade agreement with a poor country that rapidly experiences dynamic gains,the rich country is likely to not have net gains.

Question

Quizplus · Accepted Answer

The statement refers to the Samuelson model, which predicts that when a developed country enters into a free trade agreement with a developing country, the developed country may not have net gains due to the negative effects on some of its domestic industries and workers.

According to the _____ Model,when a Rich Country Enters into a Free