Which of the following correctly describes free international trade in accordance with comparative advantage?
A)It is typically favored by producers in importing countries.
B)It is typically favored by producers in exporting countries,but hated by their workers.
C)It is typically favored by producers in exporting countries,including their workers.
D)It is typically hated by consumers in importing countries.
E)It is typically hated by farmers,but looked upon favorably by manufacturers.

Question

Quizplus · Accepted Answer

Free international trade in accordance with comparative advantage is typically favored by producers in exporting countries, including their workers. This is because it allows them to specialize in producing goods they have a comparative advantage in, which makes them more efficient and competitive. As a result, they can sell their goods at lower prices and potentially increase their profits. Consumers in both exporting and importing countries are also likely to benefit from lower prices and increased variety of goods. While there may be certain industries or farmers that are negatively affected by free trade, overall it is considered to have a positive impact on economic growth and development.

Which of the Following Correctly Describes Free International Trade in Accordance