According to economist Kenneth Arrow, interdependence among nations increases the value of scares resources and creates surplus. This surplus becomes available for redistribution among: O Only developed nations O Only developing nations O Only surplus creating nations O All developed and developing nations

According to economist Kenneth Arrow, interdependence among nations increases the value of scares resources and creates surplus. This surplus becomes available for redistribution among: O Only developed nations O Only developing nations O Only surplus creating nations O All developed and developing nations

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter28: International Trade

Section: Chapter Questions

Problem 8P

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