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QUESTION IMAGE

fill in the blank question if the terms of trade are the same as your o…

Question

fill in the blank question if the terms of trade are the same as your opportunity cost, you will receive gains from the trade.

Explanation:

Brief Explanations

When terms of trade equal a party's opportunity cost, trading does not lead to a better outcome than producing goods domestically; there is no net benefit from engaging in the trade.

Answer:

no