One benefit attributed to free trade is that it increases competition in markets, which leads to lower prices and larger outputs than with restricted trade. This behavior of price and output is expected from free trade because increased competition is associated with an increase in:

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Increased competition from free trade typically leads to an increase in supply, as more producers enter the market. This can result in lower prices and larger outputs, reflecting the basic principles of supply and demand.

One Benefit Attributed to Free Trade Is That It Increases