How does free trade affect the United States? Select all that apply.
(1 point)
Responses
lower prices
decreased wages
higher farm profits
less variety in businesses
more low-skill jobs
increased consumer choice
lower prices
higher farm profits
increased consumer choice
Out of the given options, the effects of free trade on the United States include:
- Lower prices: Free trade can lead to increased competition, which can result in lower prices for goods and services.
- Higher farm profits: Free trade can open up new markets for agricultural products, leading to increased profits for farmers.
- Increased consumer choice: Free trade allows for a wider range of imported goods, providing consumers with more options and choices.
These are the correct responses.