Question:

________ gains from trade refer to the situation where, over time, international trade leads to an outward s**+

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________ gains from trade refer to the situation where, over time, international trade leads to an outward shift in a country's production possibility frontier.

a. Political

b. Static

c. Outward

d. Dynamic

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  1. d. Dynamic

    (though not for sure - I would say only for 70%, next would be "Political", but it deals more with power than economics)

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