Question

Write an example in two sentences in a 8th graders response about

Economics interest free and open trade

Answer 1

If a bank lets a student borrow $100 interest-free, the student only has to pay back $100 and can use the saved money for books instead of extra fees. Open trade is when two countries remove taxes on each other's goods, so one country can buy cheaper shoes from the other and people get more choices at lower prices.