QAPolitology › A positive result of trade agreements such as NAFTA and the EU is:
Q

A positive result of trade agreements such as NAFTA and the EU is:

A. Fewer sanctions against developing economies.

B. More economic rights for citizens.

C. More support for domestic companies.

D. Fewer competitors in the global economy.

A

Answer: B. More economic rights for citizens.

One positive effect of trade agreements in the life of citizens is that it leads to an increase in the economic rights of the citizens. The North American Free Trade Agreement (NAFTA), a deal entered by the USA, Mexico, and Canada, is responsible for ensuring the free and adequate flow of goods and services between the countries involved. With this, the economic conditions of the citizens are greatly improved as some tariffs on certain goods and services are overlooked. The trade agreement between European Union countries is also of immense benefit to the citizens of member countries. The citizens of these countries are able to trade freely with any of the member countries as well as use the pound, which is one of the strongest currencies of the world.

12 months ago
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