Answered

Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Supporters of free trade believe that:

A. the increased regulations make the trade more equitable.
B. it lowers costs because it encourages competition.
C. it provides a situation where specialization is unnecessary.
D. without government oversight, trade would grow out of control.

Sagot :

GinnyAnswer

Final answer:

Supporters of free trade believe it lowers costs through competition, encourages specialization for efficiency, and prevents conflicts while lifting populations out of poverty.


Explanation:

Supporters of free trade believe that it lowers costs because it encourages competition, provides a situation where specialization is unnecessary, and allows countries to specialize in what they do best for greater efficiency and higher standards of living. Free trade also prevents conflicts and is believed to lift segments of the population out of poverty by promoting innovation and reinvestment.


Learn more about Free trade benefits here:

https://brainly.com/question/37411391


Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.