There are only increases in total surplus when a country exports a good, since more units of the country's output of that good are produced.

Question

​There are only increases in total surplus when a country exports a good, since more units of the country's output of that good are produced.

Quizplus · Accepted Answer

Total surplus can increase both from exporting and importing goods. Exporting allows countries to specialize in the production of goods for which they have a comparative advantage, increasing total surplus. Importing allows countries to acquire goods more cheaply or of higher quality than could be produced domestically, also increasing total surplus.

​There Are Only Increases in Total Surplus When a Country

There Are Only Increases in Total Surplus When a Country