Which is an argument against free trade?
It leads to international conflict.
It increases the prices for many products.
It causes some people to lose their jobs.
It violates basic economic principles.

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Answer:

The answer is A. it leads to international conflict

The correct option is, (A) It leads to international conflict.

  • An economic notion known as trade or trade freedom can be used to both domestic and international trade.
  • The absence of barriers preventing economic actors from engaging in commercial activity, manifesting itself in many freedoms, is what is meant by economic freedom, which is similar to the freedom of enterprise in a free market economy (freedom of prices , freedom of schedules, freedom to open establishments, freedom of hiring, etc.).
  • Economic liberalism contends that state interventionism and the emergence of interest groups, such as unions, employers, or historically, the unions that established strict regulations during the Old Regime to restrict access to trades, industries, and businesses, are the main barriers to freedom of internal trade.

Which of these is an argument against free trade?

  • One of the main arguments against free trade is that, when trade introduces lower cost international competitors, it puts domestic producers out of business.
  • While this argument isn't technically incorrect, it is short-sighted.

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