The problem associated with free trade from the options provided is loss of local jobs to international competition. Free trade can lead to increased competition from foreign markets, which may result in local industries struggling to compete and subsequently losing jobs.
Which of the following is a problem associated with free trade? (1 point)
• increased prices due to more stringent environmental protections
increased tensions between countries as they become more self-reliant
• loss of local jobs to international competition
• higher consumer prices due to intensified competition between producers
1 answer
3 answers