The overall welfare effects of trade are ________ if ________. ...

[jazziefee]

The overall welfare effects of trade are ________ if ________.
 
  A) positive; those who gain can compensate those who lose and still be better off
  B) positive; more people gain from trade than lose from it
  C) negative; some people are made worse off by trade
  D) negative; those who lose can compel those who gain to compensate them for their losses
  E) positive; the domestic economy grows faster than do foreign economies

Question 2

Over the post-war era, the gaps between countries' living standards
 
  A) disappeared.
  B) stayed the same.
  C) increased.
  D) decreased.
  E) changed inconsistently.

[jennafosdick]

Answer to Question 1

A

Answer to Question 2

E

[jazziefee]

YES! Correct, THANKS for helping me on my review

[sailorcrescent]

Thanks for the timely response, appreciate it