Which of the following provides the foundation of the case for free trade?

A) the law of diminishing marginal utility
B) the anti-dumping argument
C) the industrial diversity argument
D) the law of comparative advantage

Law Of Comparative Advantage

A principle in international trade that states countries should specialize in producing goods for which they have a lower opportunity cost than their trading partners.

Foundation

An organization established to support charitable activities, educational goals, or other purposes that contribute to the public good.

Free Trade

International exchange of goods permitted to operate freely, devoid of tariffs, quotas, or any form of restraint.