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

increased tensions between countries as they become more self-reliant
increased tensions between countries as they become more self-reliant

loss of local jobs to international competition

1 answer

The problem associated with free trade from the options provided is:

loss of local jobs to international competition.

Free trade can lead to local industries struggling to compete with international firms, which may offer lower prices or more advanced products, resulting in job losses in certain sectors.