Answer to Question #304936 in Economics of Enterprise for Yekhaung

Question #304936

why isn’t trade among countries like a game with some winners and some losers


1
Expert's answer
2022-03-02T10:25:21-0500

Trade among countries isn't a game with some losers and some winners because trade can make everyone better off. By allowing specialization, trade between people and trade between countries can improve everyone's welfare.


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