As the terms of trade approach the domestic opportunity costs of a product,a country will experience:

Name: As the terms of trade approach the domestic opportunity costs of a product,a country will experience:
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As the terms of trade approach the domestic opportunity costs of a product, it means that the price of the product is becoming similar to its cost of production. In such a scenario, there would be smaller gains from trade because the price difference that led to gains from trade is decreasing.

As the Terms of Trade Approach the Domestic Opportunity Costs