The table given below represents the output per hour of cookies and chilies in Ohio and Iowa.Table 2.4

-Voluntary free trade results in:

Question

The table given below represents the output per hour of cookies and chilies in Ohio and Iowa.Table 2.4
 
-Voluntary free trade results in:

Quizplus · Accepted Answer

Voluntary free trade results in access to more goods and services, competition, and specialization, all of which lead to higher living standards for consumers. It may also lead to increased economic growth and job creation. However, free trade can also cause income disparities between different groups or regions, but overall, the benefits outweigh the costs.

The Table Given Below Represents the Output Per Hour of Cookies