In 1955, the Soviet Union and its East European allies rejected any participation in the Warsaw Pact

Which of the following is NOT an argument made in favor of free trade?

a. Free trade helps promote peace. b. Free trade discourages socialism. c. Free trade limits retaliatory trade policies. d. Free trade leads to more jobs. e. Free trade leads to lower prices.

Modernization theory argues that economic development is achieved through technological innovation, efficient production, and investments from capital accumulation

Indicate whether the statement is true or false