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One Argument Favoring Free Trade Is That Prices Are Lower

Question 82

Multiple Choice

One argument favoring free trade is that prices are lower and available quantities of goods are higher because:


A) there are no tariffs or quotas.
B) embargoes allow more goods to enter a country.
C) it is easier for domestic producers to exercise monopoly power, which drives the prices of products down.
D) all of the above.

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