If free trade is opened between two countries, then one country must gain at the other country's expense.

Question

Quizplus · Accepted Answer

Free trade can create mutual gains for both countries by allowing them to specialize in the production of goods in which they have a comparative advantage. This leads to increased efficiency and lower prices for consumers in both countries. While some industries may face increased competition and potential job losses in the short term, overall, free trade can lead to increased economic growth and greater prosperity for both trading partners.

If Free Trade Is Opened Between Two Countries, Then One