Why Do Free Trade Proponents Dislike Rules of Origin in Trade

question 154

Multiple Choice

Why do free trade proponents dislike rules of origin in trade agreements?

• A) It decreases the amount of international trade in the world.
• B) It increases the amount of international trade in the world.
• C) It decreases incentives for trade diversion.
• D) It increases incentives for trade deflection.

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Definitions:

Unauthorized Alteration

A change made to a document, instrument, or agreement without the consent or knowledge of all parties involved, which can affect its validity or legality.

Material Terms

Significant conditions and details in a contract that are essential to the agreement and affect the parties' obligations and expectations.

Written Contract

A legally binding agreement that has been put in writing and signed by the parties involved.

Anticipatory Repudiation

A declaration by one party in a contract that they do not intend to fulfill their contractual obligations, giving the other party the right to legal remedies before the breach occurs.