Chapter 18, Problem 6AA

To determine

To fill: The blank with suitable option.

Answer to Problem 6AA

Option (d)

Explanation of Solution

Free trade allows the movement of goods and services, capital, labor, etc. to move freely between countries without any trade barriers. It removes all tariff and non-tariff barriers to dump the surplus production into different regions of the world thereby, increasing competition and efficiency among producers, and due to an increase in supply market price goes down.

Hence, the correct option is (d) -benefit.