All of the following are advantages of free trade except:
A)free trade helps keep interest rates high.
B)the global market consists of over 7 billion potential customers.
C)global competition helps to keep prices down.
D)productivity increases in areas of comparative advantage.

Question

Quizplus · Accepted Answer

Free trade does not necessarily help keep interest rates high. In fact, free trade can lead to increased competition and efficiency, which can lower overall prices and inflation, potentially leading to lower interest rates.

All of the Following Are Advantages of Free Trade Except