The modern economists considered the gains from trade resulted from

Related MCQs

• According to Jacob Viner, the classical economists measured the gains from trade in terms of
• In the modern trade theory, the gains from international trade are clearly differentiated between
• The classical theorists believed that the gains from trade resulted from
• Under the gains from international trade, the gains from exchange is also known as the
• In modern trade theory, the gains from specialization is also known as the
• The concept of commodity or net barter terms of trade has been used by economists to measure
• The basics and gains from international trade under the theory of opportunity cost is determined by
• Gains from trade depends on
• The two types of gains from trade are
• The gains from trade refers to