Author Question: Treaties that integrate the economies of members through the reduction of trade barriers are known ... (Read 98 times)

RYAN BANYAN · **on:** Sep 3, 2018

Treaties that integrate the economies of members through the reduction of trade barriers are known as _____.

a. World Trade Organizations (WTOs)
b. plurilateral agreements
c. regional trade agreements (RTAs)
d. tariff exchanges

Question 2

World trade fell by 9 percent in 2008 precipitated by which of the following?

a. An increase in consumer demand
b. Global supply chains, which meant that trade reductions were felt in multiple countries
c. Collapse in credit markets that dried up available financing
d. Only b and c are true.