6.
Supporters of free trade believe that:
A. It lowers costs because it encourages competition.
B. the increased regulations make the trade more equitable.
C. without government oversight, trade would grow out of control.
D. It provides a situation where specialization is unnecessary.

Free trade occurs when goods and services can be bought and sold between countries or subnational regions without tariffs, quotas, or other restrictions being applied.

What is free trade example?

A free trade area (FTA) is where there are no import tariffs or quotas on products from one country entering another. Examples of free trade areas include EFTA: European Free Trade Association consists of Norway, Iceland, Switzerland, and Liechtenstein. NAFTA: United States, Mexico, and Canada (being renegotiated)

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6. Supporters of free trade believe that: A. It lowers costs because it encourages competition. B. the increased regulations make the trade more equitable. C. without government oversight, trade would grow out of control. D. It provides a situation where specialization is unnecessary.

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What is meant by free trade?

What is free trade example?

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6.
Supporters of free trade believe that:
A. It lowers costs because it encourages competition.
B. the increased regulations make the trade more equitable.
C. without government oversight, trade would grow out of control.
D. It provides a situation where specialization is unnecessary.