Question
if there are two countries trading, Country R and country S a) country R will receive more potential gains from trade the closer the international
if there are two countries trading, Country R and country S
a) country R will receive more potential gains from trade the closer the international terms of trade are to country S's domestic relative price
B) country S will receive more potential gains from the trade the closer the international terms of trade are to it's own domestic relative prices
C) country R will only receive gains from trade if it completely specializes in the production of the good in which it has a comparative advantage
D) the greatest gains will accrue to the largest country
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