U.S Government Q2: a positive result of trade agreements – Flashcards
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Which most likely explains why the United States joined NAFTA in 1993?
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NAFTA eliminated tariffs and united the United States economically with its two closest neighbors.
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A way that the United States began its policy of providing aid to Sudan was by
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easing sanctions.
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Economic sanctions against foreign governments sometimes
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hurt foreign citizens.
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A tariff is another name for
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a tax on imports.
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Which describes the role that economic foreign policy plays in the global economy?
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It addresses trade and commerce between nations.
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A result of US foreign aid in Sudan was
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the creation of South Sudan.
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A positive result of trade agreements such as NAFTA and the EU is
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more economic rights for citizens.
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Compared with protectionism, an opposing goal of economic foreign policy is
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free trade.
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Goods and services flow more freely across the borders of Canada and Mexico because of
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NAFTA
