Which of the following is a problem associated with free trade? (1 point)

Question

Which of the following is a problem associated with free trade? (1 point)

Responses

higher consumer prices due to intensified competition between producers
higher consumer prices due to intensified competition between producers

increased prices due to more stringent environmental protections
increased prices due to more stringent environmental protections

loss of local jobs to international competition
loss of local jobs to international competition

increased tensions between countries as they become more self-reliant
increased tensions between countries as they become more self-reliant

Answer 1

All of the above responses are correct.

Answer 2

Which of the following is a problem associated with free trade? (1 point)

Responses

higher consumer prices due to intensified competition between producers
higher consumer prices due to intensified competition between producers

increased prices due to more stringent environmental protections
increased prices due to more stringent environmental protections

loss of local jobs to international competition
loss of local jobs to international competition

increased tensions between countries as they become more self-reliant
increased tensions between countries as they become more self-reliant

Answer 3

All of the options listed can be considered as potential problems associated with free trade.

Answer 4

The problem associated with free trade that is listed among the given options is "loss of local jobs to international competition." Free trade can lead to companies moving their production to countries with cheaper labor costs, which can result in job losses in the home country. This happens because companies may find it more economically advantageous to manufacture goods in countries with lower wages and fewer labor regulations. In order to get the answer to this question, you need to analyze each option and understand the potential negative impacts of free trade.