Question

supporters of free trade argue that it creates which economic benefit?
a. promoting independence by reducing reliance on foreign goods
b. increasing efficiency by allowing for greater specialization
c. protecting workers by enforcing international labor regulations
d. helping the environment by reducing emissions from shipping

Explanation:

Free trade is based on the principle of comparative advantage, where nations specialize in producing goods/services they can make most efficiently. This specialization leads to overall increased economic efficiency, which is a core argument from free trade supporters. Option A is incorrect as free trade increases reliance on foreign goods, not reduces it. Options C and D are not primary economic benefits cited by free trade supporters; labor regulations and environmental impacts are often criticized by opponents or addressed separately, not core benefits of free trade itself.

Answer:

B. Increasing efficiency by allowing for greater specialization