Which of the following provides the foundation of the case for free trade?
A) the law of diminishing marginal utility
B) the anti-dumping argument
C) the industrial diversity argument
D) the law of comparative advantage

Question

Quizplus · Accepted Answer

The law of comparative advantage provides the foundation for free trade by suggesting that countries should specialize in producing goods where they have a lower opportunity cost, leading to more efficient global production and trade benefits.

Which of the Following Provides the Foundation of the Case