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g. What is the final trade outcome for the U.S.? Has the U.S. benefited from trade? Why or why not? Has the U.S. suffered from

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g. What is the final trade outcome for the U.S.? Has the U.S. benefited from trade? Why or why not? Has the U.S. suffered from trade? [There is a notion in International Economics about "small" countries. In this example Canada is "small" relative to the U.S. We see in this question that in this model the small country experiences significant gains from trade, but the large does not.] Solution

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