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20 August, 23:55

When nations are engaged in free trade with each other, what are they doing?

A. Limiting the use of tariffs and quotas on each other's businesses

B. Raising the level of tariffs and quotas with each other

C. Eliminating shipping costs between member countries

D. Lowering the costs of all products with each other

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Answers (2)
  1. 21 August, 01:23
    0
    A, they are limiting the user of tariffs and quotas on reach other's business
  2. 21 August, 01:37
    0
    When nations are engaged in free trade with each other, thay are limiting the use of tariffs and quotas on each other's businesses. Option A is correct.

    Free trade determines the tariffs and duties that countries impose on imports and exports. It can also be defined as the free market idea applied to international trade. Nowadays, most nations are members of the World Trade Organization multilateral trade agreements. In fact, trade agreements affect international trade.
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Home » Social Studies » When nations are engaged in free trade with each other, what are they doing? A. Limiting the use of tariffs and quotas on each other's businesses B. Raising the level of tariffs and quotas with each other C.
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