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Theories of international trade

Economics

In this case country A would be left with 0 wheat and 2 cotton extra. Country B will be left with 24 cottons and 6 wheat So ultimately Country A will have no wheat for the domestic consumption . Which will be undesirable situation for the Country. How is there a mutual gainful trade in this ?

Swathi Krishna

Swathi Krishna

CA Final

★ 8K+

10-Oct-20 16:51

348

Answers (4)

Which example are you referring to?

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

11-Oct-20 07:42

In the

Thread Starter

Swathi Krishna

Swathi Krishna

CA Final

★ 8K+

11-Oct-20 18:16

Time saved can be used respective products. Think of the example as just some products. May be they consume only rice! :)

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

12-Oct-20 17:58

K

Thread Starter

Swathi Krishna

Swathi Krishna

CA Final

★ 8K+

13-Oct-20 00:49

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