Benefits from international trade are based on the following differences, except:

Question

Quizplus · Accepted Answer

Income levels are not considered a difference that leads to benefits from international trade. Instead, income levels may affect the ability and willingness of countries to engage in international trade. The other choices, resource endowments, technological capabilities, and product quality and other attributes are all differences that can lead to gains from trade.

Benefits from International Trade Are Based on the Following Differences