Question

What is a major argument against free trade agreements?

Answer 1

A is the answer I believe

Answer 2

Answer:

D. I believe

Explanation:

  economist ,conclude, under some simple assumptions, that allowing free trade in an economy improves welfare for society overall. If free trade opens up a market to imports, then consumers benefit from the low-priced imports more than producers are hurt by them. If free trade opens up a market for exports, then producers benefit from the new place to sell more than consumers are hurt by higher prices.

One of the main arguments against free trade is that, when trade introduces lower cost international competitors, it puts domestic producers out of business. While this argument isn't technically incorrect, it is short-sighted.

Nonetheless, there are a number of common arguments made against the principle of free trade. Let's go through each of them in turn and discuss their validity and applicability.