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
What are two functions of the states that help the nation?
morpeh [17]

Answer:

is the answer

Explanation:

mark me as brainlist

8 0
3 years ago
What was the word for Spanish conquerors/explorer
Mekhanik [1.2K]

Answer:

Conquistador

Explanation:

Many old spanish explorers are known as conquistadors

6 0
3 years ago
What type of colony was Georgia first established as
puteri [66]
Kakakwkwkwsjwjsajjajajajs
7 0
3 years ago
I need help on this, PLEASE HELP ME
Savatey [412]

Answer:

AAAAAazA have a great day

Explanation:

sorry it is a

7 0
2 years ago
What are the main goals of the Constitution of 1812? Check all that apply.
IgorC [24]

Answer:

Explanation:

to form a state government

to establish a constitution of the people

to secure rights of the citizens of Louisiana

7 0
3 years ago
Read 2 more answers
Other questions:
  • As American population grew between 1820 and 1850, the percentage of Americans living on farms also grew.
    7·1 answer
  • WILL SELECT MORE THAN ONE
    6·1 answer
  • Which of these countries became the leader of the international communist movement following World War 2? OA. Italy OB. The Sovi
    15·1 answer
  • How did Thomas Paine's "Common Sense" change the conversation around the independence movement in the colonies?
    15·2 answers
  • How many times has america officially declared war?
    6·1 answer
  • PLEASE HELP 20 POINTS + BRAINLIEST CROWN
    8·2 answers
  • Can you please define this for me 10 points
    14·1 answer
  • Helppp! Presidential candidates write their own speeches.<br> OA.<br> True<br> OB.<br> False
    10·2 answers
  • Revelations 22 chapter verse 11 ​
    13·1 answer
  • What was the name of the early motion-picture trade organization controlled by thomas edison whose monopoly was broken by the u.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!