Which of the following is NOT a true statement regarding free trade?
A) Free trade promotes specialization and efficient production.
B) Free trade generally reduces the domestic prices of imports.
C) Free trade may stimulate economic growth through export sales.
D) Every individual in a country gains short-term benefits from free trade.

Question

Quizplus · Accepted Answer

While free trade can provide benefits to a nation's overall economy, it may not benefit every individual in the short-term. Some individuals may experience job losses or wage reductions in industries facing increased competition from imports.

Which of the Following Is NOT a True Statement Regarding