8
lesson pretestMultiple Choice

Pretest

Question 8 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

How do trade agreements of international organizations affect trade?

Answer
A
by encouraging countries to provide open access to trade
B
by incentivizing the development of trade policies
C
by eliminating tariffs and taxes on imports and exports
D
by helping smaller countries compete in the world market

Explanation

Trade agreements made through international organizations generally encourage countries to open their markets and allow trade with fewer barriers. This makes “encouraging countries to provide open access to trade” the best answer. Eliminating all tariffs and taxes, as choice D suggests, is not a requirement of every trade agreement.

AI-written and checked against the verified answer.

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