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Other Fields Homework Help Economics Topic started by: lurielbank on Mar 2, 2019



Title: Free trade policies may lead to
Post by: lurielbank on Mar 2, 2019

Question 1.

Which of the following is NOT a true statement regarding free trade?

• Every individual in a country gains short-term benefits from free trade.

• Free trade may stimulate economic growth through export sales.

• Free trade generally reduces the domestic prices of imports.

• Free trade promotes specialization and efficient production.

Question 2.

Free trade policies may lead to

• some labor sectors experiencing some short-term job loss.

• price increases in world markets.

• a decrease in world output.

• none of the above.


Title: Free trade policies may lead to
Post by: eltoro on Mar 2, 2019
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Title: Free trade policies may lead to
Post by: lurielbank on Mar 2, 2019
Thanks