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Chako Chako
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8 years ago
The overall welfare effects of trade are ________ if ________.
A) positive; more people gain from trade than lose from it
B) negative; those who lose can compel those who gain to compensate them for their losses
C) negative; some people are made worse off by trade
D) positive; the domestic economy grows faster than do foreign economies
E) positive; those who gain can compensate those who lose and still be better off
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
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#3
7 years ago
Don't forget to vote my answer as best Nerd Face
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