Which of the following best analyzes how free trade can improve standard of living?(1 point) Responses Free trade creates jobs. Free trade creates jobs. Free trade increases competition for local industry. Free trade increases competition for local industry. 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. Free trade helps governments provide subsidized housing for their citizens.
The first option, "Free trade creates jobs," is the best analysis of how free trade can improve the standard of living. By removing barriers to trade, countries can expand their export markets and attract foreign investment, resulting in increased employment opportunities. This can lead to higher incomes and an improved standard of living for individuals and communities. The other options mentioned may have some positive impacts, but they are not as directly linked to the overall improvement of the standard of living as job creation.
