International trade organizations promote free trade by encouraging countries to
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limit their protectionism policies.
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One primary purpose of the European Union is to
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create a common market.
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The Free Trade Agreement Tariff Tool allows US businesses to
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access tariff rates when planning to export.
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How can a nation benefit from effectively exporting its goods?
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NOT Its citizens have more money.
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What can be a result of free trade? Check all that apply.
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trade imbalances
decreased production
lower economic growth
increased pollution
exploitation of workers
new opportunities
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Which group primarily helps settle trade disputes?
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World Trade Organization
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Trade agreements are helpful because they allow countries to
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NOT influence foreign trade.
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Which group works to help members establish internal political stability?
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Association of Southeast Asian Nations
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Which best describes ASEAN?
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a regional organization promoting growth in Southeast Asia
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What is one stated purpose of the World Trade Organization?
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NOT to create a common currency
to encourage the expansion of exports
to monitor trade policies of many countries
NOT to establish direct trade agreements between countries
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