1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lady bird [3.3K]
2 years ago
14

Do the economic benefits of free trade outweigh the social costs? Explain your answer.

History
1 answer:
Ede4ka [16]2 years ago
3 0

Explanation:

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Do the economic benefits of free trade outweigh the social costs?

Not really, and it all depends on the perspective.

From the big companies and industrial side, free trade has been a success. Free trade has allowed thousands of companies to export their goods with cero import tariffs, benefiting the income. It has allowed multinational companies to go abroad and establishing branches in different parts of the world, basically in underdeveloped nations.

Once there, they paid very low salaries, much less than what they should have paid in their former countries, That is a reason why they moved to underdeveloped countries. So cheap labor is one reason. And other these multinational companies freely exploit the many raw materials and natural resources of that underdeveloped country.

Meanwhile, free trade makes rich people and corporations richer, and poor countries and poor people continue to be as poor as they have always been. No serious progress at all,

You might be interested in
4)
serious [3.7K]

Answer:

C

Explanation:

The nullification crisis was a conflict between the U.S. state of South Carolina and the federal government of the United States in 1832–33. ... Calhoun, who opposed the federal imposition of the tariffs of 1828 and 1832 and argued that the U.S. Constitution gave states the right to block the enforcement of a federal law.

4 0
3 years ago
Besides the war in Europe where else did another campaign take place
jekas [21]
It took place in the Soviet Union.
4 0
3 years ago
Read 2 more answers
How is a turning point in history like a revolution? (Number 7)
blsea [12.9K]
A turning point usually introduces new people, ideas, and technology which results in different forms of government change in idea and even rebellions. So it can be thought of as a revolution because new things are showing up and change is happening.
4 0
4 years ago
Why did the Europeans control such a small portion of Africa in the 1800s?
vichka [17]
The Europeans weren't as interested in Africa because they hadn't known about the diamonds and gold in the soil of Africa.
4 0
3 years ago
Which requirements are necessary for the president to wage war? (Select all that apply)
Molodets [167]

Answer:

the answer is b. this is the purpose of the term, "checks & balances." meaning, it depends on congress vote.

Explanation:

Congress, has to vote on this to approve or not..majority of votes rules. our government depends on this process to pass a new bill or not., if there is no unanimous vote, then it goes 2 the supreme court who will in turn, vote on a final decision.

6 0
3 years ago
Read 2 more answers
Other questions:
  • How does democracy ensure the well-being of the people?
    6·1 answer
  • In which spiritual concept do most Hindus believe
    14·2 answers
  • In the late 1800s and early 1900s, immigration patterns in the U.S. changed as there was a dramatic increase in the number of
    5·1 answer
  • True or false. There is no limit of the rights guaranteed by the Constitution
    9·1 answer
  • Macedonian ruler who conquered Greece and the Persian Empire
    6·1 answer
  • Which atmospheric layer protected the earth against the danger of the rock
    12·1 answer
  • What was an argument made by Progressives against child labor?
    7·2 answers
  • Why did the East India company employ its own Army and Navy, separate from England
    14·1 answer
  • Write a conclusion on why the death penalty isnt good
    6·1 answer
  • In what ways did the compromise of 1850 affect enslavement laws? select three answers. kansas is admitted to the union as pro-en
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!