Question

What is the role of trade?

Answer 1

Trade like technology creates new, higher-paying jobs for Americans as well as for America's trading partners. They give consumers greater purchasing power, as trade allows them to buy a wider variety of goods at lower prices.

Answer 2

Answer:

• The process of economic specialization and trade, in which individuals focus on doing the things they do best and then exchange the products of their labor with others who are likewise concentrating on their own areas of excellence, leads to much higher levels of production of goods and services as well as the most .