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6.5 Trade Agreements

Question 8 • * HSA 26-27 Economics

The simplest way for countries to enter into a trade agreement is through signing a treaty to enter a [___] with another country.[___] are outside groups that help countries to solve trade disputes.A [___] is a specific territory that is governed under different economic laws and restrictions.

Answer
A
direct agreement
B
special economic zone

Explanation

Countries can establish a trade agreement directly by signing a treaty with one another. A direct agreement is therefore the simplest way described. A special economic zone is a designated territory with different economic rules, not an agreement between countries.

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