The argument that free trade is the best strategy for advancing the world's economic development A) is one of the most contentious issues associated with economic globalization. B) has received very mixed support in research studies. C) is a proposition with which almost all economists agree. D) is the basis for much protectionist legislation in emerging markets. E) was a fundamental element underlying mercantilism in the 16^th century.

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That free trade is the best strategy for advancing the world's economic development is one of the few propositions on which almost all economists agree, not only because it is theoretically compelling but also because it has been demonstrated in practice.

The Argument That Free Trade Is the Best Strategy for Advancing