Respuesta :
Answer:
4) encourages growth by promoting the rapid spread of new inventions and innovations.
Explanation:
Personally I believe in free trade, even though as a concept it is not very popular right now. Free trade doesn't hurt domestic firms, domestic firms hurt themselves. Free trade doesn't only allow the rapid spread of new inventions and innovations, it allows a faster economic growth and better well being of a society.
Some people argue that American companies are at disadvantage over Mexican or Chinese companies, but how can any American company be at a disadvantage since they have all the available technological innovations, reduced costs (specially financial costs) and available high skilled labor. When I was very little, I remember people spoke against Japanese cars and how they hurt America because GM, Ford and Chrysler couldn't build good cars. So the Japanese started building their cars in the US and voila, American car companies went broke. But American car companies went bankrupt because they couldn't produce good cars, not because Japanese could produce better cars. Why should anyone buy a bad car when they can buy a good car? I guess a lot of people would buy an Accord, Civic, Camry, or Corolla if they were built by Ford, GM or even Chrysler, but they aren't able to do it and it's no on else's fault.
The same happens to all industries, it is not their fault that some American companies cannot produce good products, it is only the fault of the American companies.
Answer:
The correct answer is number (4): encourages growth by promoting the rapid spread of new inventions and innovations.
Explanation:
Free trade happens when nations can exchange goods and services without restrictions of tariffs, taxes, and quotas. Free trade enables nations to focus on selling their specialties that are traditional goods that other nations cannot also manufacture or create. Using revenue from the selling of such goods, nations may buy products from other nations they need.
One of the main advantages of free trade is that it allows developed countries to share their technology advances rapidly with nations where the manufacturing of those products seems impossible.
