Answer:
d. free trade encourages countries to allocate their resources more efficiently
Explanation:
Free trade is simply a type of trade that takes place between countries without any obstacle to it e. g tariff that is set up by governments or international organizations.
In this free trade, Goods and services are allowed to move freely between countries. World Trade Organisation (WTO) is ann international body that sets the rules/regulations for global trading and handles disputes between its member countries. Free trade is said to lead to efficiency as it increases competition thereby increasing efficiency and quality of goods produced therefore lowered costs of production.
