Free trade is ________,because it ________ the size of the pie available to the economy.

Question

Quizplus · Accepted Answer

Free trade is efficient because it increases the size of the pie available to the economy. By allowing countries to specialize in the production of goods they can produce most efficiently, free trade leads to a more efficient allocation of resources, which in turn leads to an increase in the overall output of goods and services. This increase in output leads to a larger pie, which means that there is more to go around for everyone.

Free Trade Is ________,Because It ________ the Size of the Pie

Free Trade Is ,Because It the Size of the Pie