Which of these results in a higher standard of living?

Name: Which of these results in a higher standard of living?
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Question

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Free trade allows for easier access to a wider range of goods and services at lower prices, leading to a higher standard of living. Higher inflation rates and greater tax burden can reduce purchasing power and decrease standards of living, while a smaller level of international trade limits access to goods and services from other countries.

Which of These Results in a Higher Standard of Living