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]
1 year ago
14

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

History
1 answer:
Ede4ka [16]1 year 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 does the preamble to the Constitution state?
mixas84 [53]

Answer:

the 3rd one

Explanation:

4 0
2 years ago
Describe the negative impact the war had on Britain
adelina 88 [10]

Answer:

6. They wasted many people and resources

7. Decreased their territory

8. Increases their territory

9. Increases their territory

10. They can use a more strategic placement of troops and not rush into battle wasting their resources.

3 0
3 years ago
Read 2 more answers
What was the name of the battle tactic that saw soldiers living in trenches protected by mines
ioda
<h2>Answer:</h2><h3><u><em>Artillery bombardments</em></u></h3><h2>Explanation:</h2><h3><em><u>Artillery bombardments were designed to destroy enemy guns, cut through dense barbed wire and blast men from the trenches.</u></em></h3>
6 0
3 years ago
Read 2 more answers
Read the excerpt below and answer the question.
zlopas [31]

B. Is your answer.....
7 0
3 years ago
Read 2 more answers
The countries of Europe expanded the weapons of self-destruction during World War II.
Serggg [28]

Answer: false they needed them

Explanation:

lol

7 0
2 years ago
Read 2 more answers
Other questions:
  • Select all that apply.
    13·2 answers
  • What remains the top source of news for most americans?
    8·1 answer
  • What led to the decline of the Native Americans?
    14·1 answer
  • What was the practice of “Vietnamization”?
    12·2 answers
  • How did the residence of Galveston respond to the hurricane of 1900
    6·2 answers
  • Which climate receives the least precipitation?
    7·1 answer
  • 1. What is the supreme law of the land?
    7·1 answer
  • HELLLPPPP<br><br> Where was the U.S citizenship act of 2021 bill introduced?
    6·1 answer
  • The state of nature has a law of nature to govern it, which obliges every one: and reason teaches all mankind, that being all eq
    13·1 answer
  • How did the ruling of Cohens v. V irginia influence the power of the Supreme Court?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!