In general, feedback circuits take a sample of the output voltage and subtract it from the input signal. If open-loop gain is 100 and you feed back enough signal to reduce closed-loop gain to 10, then all distortions are reduced by a factor of 10. One of these distortions is gain error. If open-loop gain changes by 20% due to a tube with lower gain, for instance, then closed-loop gain changes by just 2%.