Question

One of the major criticisms of free trade is that it:
A. makes it more difficult for countries to acquire natural resources,
B. makes countries too economically reliant on foreign markets.
C. lowers production efficiency in most of a country's industries.
D. prevents countries from specializing in a particular industry.

Answer 1

Answer:

B. makes countries too economically reliant on foreign markets.

Explanation:

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Answer 2

One of the major criticisms of free trade is that it makes countries too economically reliant on foreign markets. Hence, Option B is correct.

What is free trade?

A trade policy that does not restrict imports or exports is known as "free trade." It can also be termed as the free market idea which is applied to international trade.

This type of trade occurs when goods and services can be bought and sold between countries or sub-national regions without tariffs, quotas, and other restrictions being applied.

Therefore, Option B is correct.

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