One of the advantages of free trade in improvement in the distribution of income Free trade thus res...........

Economic Affairs Foreign Trade - Trends and Policy

One of the advantages of free trade in improvement in the distribution of income. Free trade thus results in some income redistribution by

raising the income of the poor

lowering the income of the rich

raising the income of the poor and lower the income of the rich

lowering the price of the scarce factor and raising the price of the abundant factor

Free trade thus results in some income redistribution by lowering the price of the scarce factor and raising the price of the abundant factor.

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