Relative to a situation in which domestic firms do not compete with foreign firms,firms in countries that engage in free trade
A)can realize economies of scale more fully.
B)have greater market power.
C)experience larger producer surplus.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Engaging in free trade allows firms to access larger markets, enabling them to produce at a larger scale and realize economies of scale more fully.

Relative to a Situation in Which Domestic Firms Do Not