Trade Agreements

Question 1

Why were free trade zones created in China?

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to attract investments by foreign countries

Question 2

Which best describes ASEAN?

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a regional organization promoting growth in Southeast Asia

Question 3

What can be a result of free trade? Check all that apply.trade imbalancesdecreased productionlower economic growthincreased pollutionexploitation of workersnew opportunities

Question 4

International trade organizations promote free trade by encouraging countries to

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reduce their trade barriers.

Question 5

The primary benefit of a Free Trade Agreement is that they

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allow countries to more easily buy what they do not produce.

Question 6

A specific territory or zone that has laws and regulations different from the rest of the country is called a(n)

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economic zone.

Question 7

most likely

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Free trade must be carefully monitored.

Question 8

How do trade agreements of international organizations affect trade?

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by encouraging countries to provide open access to trade

Question 9

Trade agreements are helpful because they allow countries to

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trade for necessary goods.

Trade Agreements Answers

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