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Social Studies, 10.12.2020 17:50 alexcarrasco5903

8 Why do free trade agreements increase globalized trade?
Free trade agreements allow countries to not pay any money for
international goods and services.
A)
Free trade agreements significantly decrease transaction costs leading to a
decrease in the cost of international goods and services.
B)
Free trade agreements prevent countries from purchasing international
goods because the price of goods and services are produced cheaper
domestically.
Free trade agreements use the same çurrency so that countries do not have
to pay transaction costs to exchange currency in the foreign exchange
market.
D

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8 Why do free trade agreements increase globalized trade?
Free trade agreements allow countri...
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