Which of the Following Statements Describes Reasons Why Freetrade Is

Multiple Choice

Which of the following statements describes reasons why freetrade is beneficial for the United States?

A) Free trade increases consumer surplus for imported goods that are cheaper than U.S.goods.
B) Free trade directs U.S.resources to those goods and services for which the United States has a comparative
Advantage.
C) Through specialization the U.S.and its trading partners can use the same overall amount of resources to produce and
Consume a larger amount of goods.
D) All of these statements are correct.