How can free trade provide an advantage while also hurting those in less developed countries?(1 point)
Responses
Free trade can provide job opportunities and economic growth. However, it can lead to increased competition for domestic businesses and the depletion of natural resources.
Free trade can provide job opportunities and economic growth. However, it can lead to increased competition for domestic businesses and the depletion of natural resources.
Free trade can provide job opportunities and economic growth. There are no direct disadvantages to free trade.
Free trade can provide job opportunities and economic growth. There are no direct disadvantages to free trade.
There are no advantages because lesser developed countries do not have a comparative advantage in the production of any products. When it does occur, foreign direct investment can lead to increased income inequality.
There are no advantages because lesser developed countries do not have a comparative advantage in the production of any products. When it does occur, foreign direct investment can lead to increased income inequality.
Free trade can benefit the governments of countries by providing extra revenue. However, it can lead to fewer job opportunities because of job outsourcing.