What would happen to the gains from trade, Microeconomics

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What would happen to the gains from trade

Problem

Can you recall from introductory microeconomics the notions of the price elasticity of demand and price elasticity of supply? If so, can you say what would happen to the gains from trade as supply and demand in Vietnam and Japan become more and more inelastic?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What would happen to the gains from trade

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