Which of the following best analyzes how free trade can improve standard of living?(1 point) Responses Free trade increases competition for local industry. Free trade increases competition for local industry. Free trade creates jobs. Free trade creates jobs. Free trade brings cheap fast food into the country, which everyone can afford. Free trade brings cheap fast food into the country, which everyone can afford. Free trade helps governments provide subsidized housing for their citizens.

The correct answer is: Free trade increases competition for local industry.