Benefits of free-trade agreements suppose that bangladesh, a relatively poor, agricultural nation with a low level of technological development, has been able to improve its technology since it joined a free-trade agreement. which of the following benefits of international trade describes this free-trade benefit that bangladesh enjoys? lower unit costs through economies of scale increased competition enhanced flow of ideas increased variety of goods bangladesh has been able to improve its technology through imports due to its adherence to a multilateral approach to trade restrictions that has dramatically reduced average tariffs among member nations and is known as the .

Wo firms, a and b, each currently dump 50 tons of chemicals into the local river. the government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. it costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. the government gives each firm 20 pollution permits. government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. what is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other? a. $3,000; $1,500 b. $4,500; $3,500 c. $4,500; $4,000 d. $4,500; $2,500