Which of the Following Is True About Regional Trade Agreements

question 20

Multiple Choice

Which of the following is true about regional trade agreements?

• A)They enforce regional restrictions on the cross-border flow of resources and reinforce import tariffs.
• B)They expose companies based in one member country to increased competition from companies in other member countries.
• C)They hinder the spread of globalization by setting up trade barriers between different countries of the same region.
• D)They provide manufacturing organizations with fewer opportunities to reduce costs and provide managers with fewer threats.
• E)They are created to reduce overall tariffs on goods that flow within a country and increase tariffs on goods that flow between regions.

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Definitions:

Soft Determinist

A stance in the debate on free will which suggests that free will and determinism are compatible, claiming that behavior is determined by motivations and desires compatible with free choice.

Past Causes

The events or actions that have happened in the past and have led to the occurrence of current events or situations.

Soft Determinism

A thesis that accepts determinism but claims that certain kinds of causes—namely, a person’s character—will allow us to call his or her actions free. The soft determinist is therefore a compatibilist, who believes in both freedom and determinism.

Responsible

Having an obligation to do something, or having control over or care for someone, as part of one's job or role.