Which of the following best analyzes how free trade can improve standard of living?(1 point)

Responses

Free trade increases competition for local industry.
Free trade increases competition for local industry.

Free trade helps governments provide subsidized housing for their citizens.
Free trade helps governments provide subsidized housing for their citizens.

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 creates jobs.

1 answer

The best response that analyzes how free trade can improve standard of living is:

Free trade creates jobs.

This statement highlights a significant benefit of free trade: it can lead to job creation as countries specialize in the production of goods and services they are most efficient at, leading to economic growth and improved standards of living for workers.