Trade Agreements

Question 1

In 2015, what percentage of United States exports went to countries that were part of free-trade agreements?

Revolt · Accepted Answer

47%

Question 2

What is the main role of Enforcement and Compliance?

Revolt · Accepted Answer

enforcing the conditions of free-trade agreements

Question 3

According to the passage, which phrases describe the purpose of the ITA? Check all that apply.

Revolt · Accepted Answer

to assist US companies as they trade; to help businesses to create exports; to create trade opportunities for US companies

Question 4

Open this page. It describes what the FTA Tariff Tool is.How can using the FTA Tariff Tool help producers and consumers? Check all that apply.It allows businesses to request that tariffs not be applied to their products.It lists tariff rates, allowing businesses to plan for exports.It can tell businesses when future tariff rates will change.It can help business owners determine product prices to account for tariffs.It allows producers to see what countries will be entering FTAs.

Revolt · Accepted Answer

It lists tariff rates, allowing businesses to plan for exports.; It can tell businesses when future tariff rates will change.; It can help business owners determine product prices to account for tariffs.

Question 5

What information did you include in your response? Check all that apply.

Revolt · Accepted Answer

why the ITA believes trade barriers need to be eliminated; how fewer trade barriers may lead to increased incomes; how fair and free trade may help to solve global issues such as poverty

Trade Agreements Answers

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