QUESTION IMAGE
Question
what is one benefit of free trade?
a increased consumer choice and lower prices
b higher taxes on imports
c limited access to goods
d increased government control over trade
Free trade allows for more goods and services from different countries to enter the market. This gives consumers more options (increased consumer choice). Also, competition from imports can drive down prices as domestic producers may need to lower their prices to stay competitive. Higher taxes on imports (tariffs) are a form of trade restriction, not a benefit of free trade. Limited access to goods is also a negative (opposite of what free trade aims for). Increased government control over trade is not a benefit as free trade promotes less government - imposed barriers.
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A. Increased consumer choice and lower prices