Economics 2281 · O Level · Globalisation, free trade and protection

Globalisation, free trade and protection — practice question

A newspaper headline read ‘Free trade helps the world’s poorest’. Why could this be true?

  • AEmployment will be focused in hi-tech industries.
  • BEnvironmental disasters will be avoided.
  • CFree trade reduces competitiveness for domestic firms.
  • DThe cost of living is likely to go down with free trade.

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