The gains from trade for the countries will grow significantly because of the mutual trading of agriculture products and cars.
<h3>What is the gains from trade?</h3>
When two countries agree to trade at beneficial terms by allowing one another to import good at a lower opportunity cost than the cost for them to produce the good domestically, then, there is a mutual gains from trade for both countries.
Majority of countries benefit from mutual trading because its increases competition and lowers world prices which provides benefits to consumers by raising the purchasing power of their own income.
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Answer:
Confucianism, a Western term that has no counterpart in Chinese, is a worldview, a social ethic, a political ideology, a scholarly tradition, and a way of life. ... Both the theory and practice of Confucianism have indelibly marked the patterns of government, society, education, and family of East Asia.
Explanation:
Confucianism, a Western term that has no counterpart in Chinese, is a worldview, a social ethic, a political ideology, a scholarly tradition, and a way of life. ... Both the theory and practice of Confucianism have indelibly marked the patterns of government, society, education, and family of East Asia.
The answer to this question is the "Unitary System" such that in this system, virtually all power goes to the national government. The unitary system of government state is being governed by a single unit. They are supreme where administration division will only exercise power when it is being delegated or being told by the central government.
