3
QuizMultiple Choice

The Modern Global Economy — Quiz

Question 3 • US History

Which situations are aspects of free trade? Choose three correct answers.

Answer
A
All countries participate in free trade agreements.
B
The value of goods and services decreases.
C
Few taxes are placed on goods and services.
D
There are no government barriers to trade.
E
Goods and services move freely between countries.

Explanation

Free trade means countries place few restrictions on trade. Few taxes, or tariffs, are placed on goods and services, and governments do not impose barriers that prevent trade. As a result, goods and services can move freely between countries; free trade does not require every country to participate or make goods less valuable.

AI-written and checked against the verified answer.

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