Why are some economists who favor free trade concerned about the proliferation of regional trad agreements? Regional trade agreements make the economies of partner nations more independent from each other. O Regional trade agreements may limit trade from outside the regions in an agreement. O Regional trade agreements terms can conflict with those of the Anti-Tariff Act. O Regional trade agreements result in job losses for workers in the participating countries.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter34: Globalization And Protectionism
Section: Chapter Questions
Problem 54CTQ: Trade has income distribution effects. For example, suppose that because of a government-negotiated...
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Why are some economists who favor free trade concerned about the proliferation of regional trade
agreements?
O Regional trade agreements make the economies of partner nations more independent from each other.
O Regional trade agreements may limit trade from outside the regions in an agreement.
O Regional trade agreements terms can conflict with those of the Anti-Tariff Act.
O Regional trade agreements result in job losses for workers in the participating countries.
Transcribed Image Text:Why are some economists who favor free trade concerned about the proliferation of regional trade agreements? O Regional trade agreements make the economies of partner nations more independent from each other. O Regional trade agreements may limit trade from outside the regions in an agreement. O Regional trade agreements terms can conflict with those of the Anti-Tariff Act. O Regional trade agreements result in job losses for workers in the participating countries.
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