AnswersHSA 26-27 EconomicsTrade Agreements

Trade Agreements Answers

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1
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In 2015, what percentage of United States exports went to countries that were part of free-trade agreements?

A
9%
B
47%
C
59%
D
91%
2
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3

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4

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

A
to assist US companies as they trade
B
to steer small- and medium-sized businesses away from exporting
C
to reduce levels of investment in trade
D
to help businesses to create exports
E
to create trade opportunities for US companies
5

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.

A
It allows businesses to request that tariffs not be applied to their products.
B
It lists tariff rates, allowing businesses to plan for exports.
C
It can tell businesses when future tariff rates will change.
D
It can help business owners determine product prices to account for tariffs.
E
It allows producers to see what countries will be entering FTAs.
6

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Trade Agreements Answers — HSA 26-27 Economics