The gains from trade are a. a result of more efficient resource allocation than would be observed in the absence of trade. b. evident in economic models, but seldom observed in the real world. c. evident in the real world, but impossible to capture in economic models. d. based on the principle of absolute advantag
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The gains from trade are a. a result of more efficient resource allocation than would be observed in the absence of trade. b. evident in ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » The gains from trade are a. a result of more efficient resource allocation than would be observed in the absence of trade. b. evident in economic models, but seldom observed in the real world. c.