Explain the benefits and costs of a free trade agreement. (Site 1)

Social Studies

2 answers:

Lisa [10]3 years ago

6 0

Answer:

The benefits are: increases access to higher-quality and lower priced goods. Higher growth rate. Improves efficiency and innovation. Drives competitiveness. Promotes fairness. The cons are: increasing job outsourcing. poor working conditions. degradation of natural resources.

Explanation:

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vovikov84 [41]3 years ago

3 0

Answer:

Free trade increases access to higher-quality, lower-priced goods. ... Freeing trade reduces imported-input costs, thus reducing businesses' production costs and promoting economic growth. Free trade improves efficiency and innovation.

Explanation:

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