A zero-sum game is a situation in which: A. the market mechanism dete

QUESTION

A zero-sum game is a situation in which:

A. the market mechanism determines what a country imports and what it exports.

B. a country engages in international trade even for products it is able to produce for itself.

C. an economic gain by one country results in an economic loss by another.

D. limits on imports are often in the interests of domestic producers, but not domestic consumers.

E. one country has an absolute advantage in the production of all goods.

ANSWER

C