Question

which of the following is a problem associated with free trade?

Answer 1

[AI-generated answer — Bot GPT 3.5]

One problem associated with free trade is the potential for job displacement or job losses in industries that cannot compete with foreign competitors. When companies can import goods at lower prices from countries with lower labor costs, domestic companies may struggle to remain competitive and maintain their workforce, leading to job losses or layoffs. This problem can particularly affect industries that rely heavily on labor-intensive manufacturing or industries that face uneven competition due to lower environmental or labor standards in foreign countries.