According to Jacob Viner, the classical economists measured the gains from trade in terms of
A)Increase in national income
B)Difference in comparative costs
C)Terms of trade
D)All of the above

Question

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Jacob Viner, a prominent economist, argued that classical economists viewed the gains from trade through various lenses, including the increase in national income, the difference in comparative costs, and the terms of trade. These elements collectively contribute to understanding how countries benefit from engaging in international trade.

According to Jacob Viner, the Classical Economists Measured the Gains