Free trade ________ living standards by ________ economic efficiency

A) raises; increasing
B) lowers; decreasing
C) raises; equalizing
D) lowers; eliminating

Answer: A

Economics

You might also like to view...

Provide a concise statement about the relationship between multinational corporations and:

(a) domestic employment, (b) foreign exchange, (c) taxes, (d) investment, (e) consumption, (f) industrialization, (g) inequality, and (h) technology.

Economics

Other things being equal, the effects of an increase in the price of crackers on the market for soup is represented by a(n):

a. downward movement along the demand curve for soup. b. upward movement along the demand curve for soup. c. rightward shift in the demand curve for soup. d. leftward shift in the demand curve for soup.

Economics