Archive | Gains from Trade

Gains from Trade: Meaning and Measurement | International Economics

In this article we will discuss about:- 1. Meaning and Measurement of Gains from Trade 2. Gains from Trade for Large and Small Country 3. Potential and Actual Gain 4. Free Trade vs. No Trade 5. Static and Dynamic Gains. Meaning and Measurement of Gains from Trade: Just as two traders in the same country enter into exchange for the [...]

By Aahana S|2018-03-15T11:34:42+05:30March 15, 2018|Gains from Trade|Comments Off

Factors that Determine the Gains from Trade | International Economics

The size of gain from international trade is determined by several factors discussed below: Factor # 1. Terms of Trade: The terms of trade refer to the rate at which the commodity of one country is exchanged with the commodity of the other country. The terms of trade have the most significant influence on the size of gain from trade [...]

By Aahana S|2018-03-15T11:34:42+05:30March 15, 2018|Gains from Trade|Comments Off