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Free trade is known as a _____ game because ____. positive-sum; one trader's gain is another's loss positive-sum; both parties to a transaction can achieve positive gains zero-sum; one trader's gain is another's loss zero-sum; both parties to a transaction can achieve positive gains

Respuesta :

Free trade is known as a zero-sum game because one trader's gain is another's loss.

What is free trade?

Free trade is a trade that does not restricted purchase (import) of goods and sales of goods and services (export) between countries.

A free trade operates in a market where a gain or profit to one is a loss to another individual and eventually the overall profit is zero.  

Therefore, Free trade is known as a zero-sum game because one trader's gain is another's loss.

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