12
QuizMultiple Choice

Global Economic Policy

Question 12 • * HSA 26-27 US Government

Which best explains why international trade agreements are beneficial for developing economies?

Answer
A
They can lead to offers of foreign aid.
B
They can help countries compete with the United States.
C
They can help those countries’ economies to grow quickly.
D
They can lead to the lifting of sanctions.

Explanation

International trade agreements can give developing economies access to larger markets, investment, and new trading partners. These opportunities can increase production and employment, helping an economy grow quickly. Foreign aid or the lifting of sanctions may happen for other reasons, but they are not the main benefit of trade agreements.

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