The pattern of imports and exports that occurs in the absence of trade barriers is called ________.

Question

Quizplus · Accepted Answer

The pattern of imports and exports that occurs in the absence of trade barriers is called free trade. Free trade allows countries to specialize in the production of goods and services in which they have a comparative advantage, leading to increased efficiency and economic growth for all parties involved.

The Pattern of Imports and Exports That Occurs in the Absence