Arguments in Favor of Free Trade Include All of the Following

question 135

Multiple Choice

Arguments in favor of free trade include all of the following except free trade:

• A) lowers prices.
• B) gives consumers more options.
• C) provides job opportunities.
• D) benefits developing nations more than developed nations.

---

Definitions:

Hypotheses

Proposed explanations or predictions that are based on limited evidence as a starting point for further investigation.

Alpha

Typically refers to the level of significance in statistical hypothesis testing, representing the likelihood of rejecting a true null hypothesis.

T-statistic

A type of statistic used in hypothesis testing, calculated to determine the significance of certain variables or differences between means.

Level of Significance

A threshold of probability set before a study to determine when an observed effect is considered statistically significant, typically denoted by alpha.