3
QuizMultiple Choice

Trade Agreements

Question 3 • * HSA 26-27 Economics

Trade agreements are helpful because they allow countries to

Answer
A
trade for necessary goods.
B
increase trade tax revenue.
C
influence foreign trade.
D
help create new trade barriers.

Explanation

Trade agreements make it easier for countries to exchange goods and services, including goods they need but cannot produce easily themselves. Their main benefit is supporting trade for necessary goods, rather than increasing taxes or creating trade barriers. The correct choice is “trade for necessary goods.”

AI-written and checked against the verified answer.

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