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5 cards from this section. Quick, good the night before a test.
What is free trade?
Think about the absence of taxes on imports.
Name one benefit of free trade.
Consider how more choices can lower the cost.
What is free trade?
Focus on the absence of barriers.
Is the WTO responsible for setting trade regulations?
Think of it as a governing body for trade.
Evaluate the long-term benefits and drawbacks of free trade for a developing country's local economy.
Consider both sides of the economic equation.
How might free trade agreements influence the environmental policies of member countries?
Think about the balance between economic gain and environmental protection.
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