Q405
One of the advantages of free trade is improvements in the distribution of income. Free trade thus results in some income redistribution by
A.
Raising the income of the poor
B.
Lowering the income of the rich
C.
Raising the income of the poor and lowering the income of the rich
D.
Lowering the prices of the scarce factor and raising the price of the abundant factor
AnswerAnswer: Option D
Solution
Answer: Option D
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