jj2019g jj2019g
  • 22-04-2019
  • Advanced Placement (AP)
contestada

What are gains from trade

Respuesta :

josiedavis10
josiedavis10 josiedavis10
  • 22-04-2019

Answer:

In economics, gains from trade are the net benefits to economic agents from being allowed an increase in voluntary trading with each other. In technical terms, they are the increase of consumer surplus plus producer surplus from lower tariffs or otherwise liberalizing trade.

Explanation:

Answer Link

Otras preguntas

Why might a scientist repeat an experiment if he/she did not make a mistake in the first one? An experiment should be repeated to_________
In a rhombus VENU, diagonals VN and EU intersect at S. If VN= 12 and EU=16, what is the perimeter of the rhombus?
Which sentence best describes the impact of ending a story this way
What is 0.9 divided by 54
In Spain, an effect of the Inquisition during the 16th century was to A) prevent the introduction of Protestant religions. B) reintroduce African culture to the
Julianne and Derek made signs for their school spirit week. Julianne made a sign that is 3 1/2 feet long. Derek made a sign that is 5/6 as long as Julianne’s si
A tourist traveled on a motorboat against the current for 25 km. And then returned back on a raft. In the boat the tourist traveled for 10 hours less than on th
K12/ Which statement BEST identifies the central idea of “Leave Grant Alone?” Question 1 options: Ronald Reagan is an excellent candidate for replacing Grant o
What’s the y of (-1, -4) a=3
Sum of radical sign -2 and radical sign -18