Which of the following is a problem associated with free trade? (1 point)
Responses
higher consumer prices due to intensified competition between producers
higher consumer prices due to intensified competition between producers
increased prices due to more stringent environmental protections
increased prices due to more stringent environmental protections
loss of local jobs to international competition
loss of local jobs to international competition
increased tensions between countries as they become more self-reliant
increased tensions between countries as they become more self-reliant
3 answers
All of the above responses are correct.
Which of the following is a problem associated with free trade? (1 point)
Responses
higher consumer prices due to intensified competition between producers
higher consumer prices due to intensified competition between producers
increased prices due to more stringent environmental protections
increased prices due to more stringent environmental protections
loss of local jobs to international competition
loss of local jobs to international competition
increased tensions between countries as they become more self-reliant
increased tensions between countries as they become more self-reliant
Responses
higher consumer prices due to intensified competition between producers
higher consumer prices due to intensified competition between producers
increased prices due to more stringent environmental protections
increased prices due to more stringent environmental protections
loss of local jobs to international competition
loss of local jobs to international competition
increased tensions between countries as they become more self-reliant
increased tensions between countries as they become more self-reliant
All of the options listed can be considered as potential problems associated with free trade.