Which of the following does free trade encourage?
A) More rapid spread of technology
B) Higher rates of economic growth
C) Domestic industries' access to larger markets
D) All of the above

Question

Quizplus · Accepted Answer

Free trade encourages all of the above by promoting competition, specialization, and efficiency in the allocation of resources. The increased competition and specialization lead to the more rapid spread of technology and higher rates of economic growth. Additionally, domestic industries have access to larger markets, which can lead to increased exports and opportunities for growth.

Which of the Following Does Free Trade Encourage