English, asked by duttapallabi002, 3 months ago

Explain with the help of offer curve how the gains from trade are distributed​

Answers

Answered by siddhip2611
0

The distribution of gains from trade can be explained in terms of Marshall-Edgeworth offer curve through.The exchange takes place at P where the two offer curves cut each other. Country A imports PQ quantity of Y and exports OQ quantity of X.

Answered by princepratim21
0

Answer:

trade is explained in terms of the Marshall-Edge worth offer curves in Fig. 80.2. OA is the offer curve of country A, and OB of country B. OP and OQ are the domestic constant cost ratios of producing о X and Y in country A and В respectively.

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