What do countries gain by opening up to free trade?
A) They gain access to a wider array of goods at cheaper prices.
B) They gain access to a wider array of goods, but generally have to pay more for those goods.
C) They gain access to a wider array of goods, but only if they implement environmental and labor regulations to export goods.
D) They receive more international assistance as long as they comply with new trade regulations.

Question

Quizplus · Accepted Answer

Opening up to free trade allows countries to participate in the global economy, expanding their access to a wider array of goods from different countries at competitive prices. This, in turn, leads to increased consumer choices and lower prices, benefitting both consumers and businesses.

What Do Countries Gain by Opening Up to Free Trade