Note AcademyNote Academy
Start

Economics · Oct / Nov 2019 · Paper 13 · Question 28

2281Specialisation and free trade

A newspaper headline stated 'Free trade helps the world's poorest'. Why might this be correct?

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

As printed in the paper

Show the answer

Correct answer: D. The cost of living is likely to go down with free trade.

Sit this whole paper →More on Specialisation and free trade

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.