When nations are of similar size,and have similar taste patterns,the gains from trade
A) Are shared equally between them
B) Are impossible to determine
C) Are too small,so that trading is not beneficial
D) Are determined by the nation that has comparative advantage in the more essential product

Question

Quizplus · Accepted Answer

When nations are of similar size and have similar taste patterns, the gains from trade are often shared equally because neither nation has a significant advantage over the other, leading to balanced trade benefits.

When Nations Are of Similar Size,and Have Similar Taste Patterns,the