Free trade makes the people of a country worse off.

Question

Quizplus · Accepted Answer

Free trade allows countries to specialize in producing goods and services that they have a comparative advantage in, leading to lower costs and increased efficiency. This can ultimately benefit consumers by lowering prices and increasing the range of goods available. While there may be some short-term adjustment costs for certain industries, overall free trade can lead to greater economic growth and higher standards of living.

Free Trade Makes the People of a Country Worse Off