Which of the following would be most likely to help the residents of a nation produce a larger output and consume a wide variety of products at economical prices?
A)imposition of tariffs on imported goods
B)quotas that protect domestic businesses against foreign producers that pay workers low wages
C)free trade
D)exchange rate controls

Question

Quizplus · Accepted Answer

Free trade allows for the efficient allocation of resources, access to a variety of goods and services, and competitive pricing, which can lead to increased production and consumption.

Which of the Following Would Be Most Likely to Help