When countries join together to eliminate duties and other trade barriers, allow companies to invest freely in each other's country, and allow workers to move freely across borders, they are said to have
a. free-trade zones. c. a free trade-agreement.
b. most favored nation status. d. a common market.
Question 2
Governments encourage and promote its country's exports primarily because
a. exports create jobs and foster economic prosperity.
b. exports increase the country's international image and reputation.
c. exports increase government revenues through selling export insurance.
d. none of the above
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