What kind of product should a country produce to obtain the maximum gains from trade? A. Products that have the lowest opportunity cost of production. B. Products that have the highest opportunity cost of production. C. Products that need to be produced using the most expensive resources. D. Products that can be produced with a minimum number of resources.

ADVERTISEMENTS: In simple words, gain from trade refers to extra production and consumption effects that countries can achieve through international trade. These gains are, thus, of two types gain from exchange and gain from specialisation in production.

albuquerque's conquest of malacca ranks second in importance among his great. the trade of malacca with india is said by the portuguese chroniclers to have out of their hands, cairo and mecca will be entirely ruined, and to venice will no which had a great effect upon the minds of the chinese ministers