Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For countries participating in a regional trading agreement, what makes this type of agreement significant to the countries involved? Group of answer choices a. It

For countries participating in a regional trading agreement, what makes this type of agreement significant to the countries involved?

Group of answer choices

a. It may cause countries uninvolved in the agreement to maintain importing goods with the countries involved in an agreement.

b. Its purpose is to eliminate barriers to the movement of labor, goods, and capital across those countries involved in it.

c. It might dampen the free market forces within each of the countries not associated with the agreement.

(please no explanation I need quick answer asap)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Technical Change, Relative Prices, And Environmental Resource Evaluation

Authors: V Kerry Smith

1st Edition

1317358570, 9781317358572

More Books

Students also viewed these Economics questions

Question

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago