The primary gain from international trade is: A. tariff revenue B. increased employment in the domestic export sector C. more goods than would be attainable through domestic production alone D. increased employment in the domestic import sector

The primary gain from international trade is: A. tariff revenue B. increased employment in the domestic export sector C. more goods than would be attainable through domestic production alone D. increased employment in the domestic import sector | Homework (2024)

Question:

The primary gain from international trade is:

International Trade:

For any trade to be termed as international, it must involve different countries. Trade is usually in the form of either exports or imports. There are various types of international trade. Export trade, entrepot, and import trade.

Answer and Explanation:1

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The correct answer is option A. The primary gain of trade is tariff revenue. Tariff revenue is the benefits that a country gains through import...

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The primary gain from international trade is: A. tariff revenue B. increased employment in the domestic export sector C. more goods than would be attainable through domestic production alone D. increased employment in the domestic import sector | Homework (2024)

Question:

International Trade:

Answer and Explanation:1

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