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

Leo has a total of 45c. he has some dimes and pennies . How many  different combinations of dimes and pennies could Leo have?make a table to solve.
What features distinguish anthropoids from strepsirrhines
who comes up with ideas for laws?
What features distinguish anthropoids from strepsirrhines
Why do the track runners start at different positions on the track?
there ate 4 more oranges than apples in the fruit bowl, there ate 5 more apples than bananas. there are 2 bananas. how many of each type of fruit is in the b
Why is gravity an example of scientific law?
Jessica was solving an equation. After she finished simplifying, her result was 0=2. This result confused her. Explain to Jessica what her result means. Explain
after a fire, the ashes have less mass and take up less space than the trees and vegataion before the fire. how can this be explained in terms of the Law of Con
What could you call an unemployed movie star