Ask Question
27 January, 11:21

The consequences of free trade include both static and dynamic economic gains.

a. True

b. False

+4
Answers (1)
  1. 27 January, 12:41
    0
    The answer is option "a-true".

    According to the speculations or theories of Smith, Ricardo, and Heckscher-Ohlin, the consequences of free trade include both static and dynamic economic gains. It includes static economic gains because free trade supports a more elevated amount of local utilization and more proficient use of assets, and the reason dynamic economic gains are included in free trade consequences is that free trade stimulates monetary development and the formation of wealth.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The consequences of free trade include both static and dynamic economic gains. a. True b. False ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers