lesego73 lesego73
  • 21-08-2021
  • Biology
contestada

how free trade rather than protectionism can favour countries.​

Respuesta :

Kiziesiri
Kiziesiri Kiziesiri
  • 21-08-2021

Explanation:

Free trade is good for consumers. It reduces prices by eliminating tariffs and increasing competition. ... In principle, this will make goods and services cheaper. In contrast, protectionism can result in destructive trade wars that increase costs and uncertainty as each side attempts to protect its own economy.

Answer Link

Otras preguntas

Could someone please please help me with this question
Jean wants to boil an egg for 15 minutes. The problem is, she only has an 11-minute timer and a 7-minute timer! How can she boil the egg for the correct amount
why did southerns seek territorial expansion
What happened after Israel declared its independence on May 14, 1948?
A red kangaroo jumps along at 40 km/h. At this rate how long would it take to jump 2 km?
Se dau 2 numere de 5 cifre fiecare. sa se afiseze acel numar care are cifra din mijloc mai mare. daca cifra este aceeasi, sa se afiseze amandoua numerele
How does the fox take advantage of Chanticleer's weakness?
Which statement BEST describes healthy friendships?
A cheese pizza costs $10.75. Each additional topping costs $1.25. If a pizza costs $17.00, how many toppings are on the pizza?
Senator Henry Clay proposed a policy that called for high tariffs, support for the national bank, and transportation improvements in the country. His plan was k