Before the current round of regional trading alliances, what was international competition like?
A)Competition existed only within continents.
B)Competition was country against country.
C)Opportunities were defined by global trading alliances.
D)There was a general agreement to not charge tariffs.
E)both A and B

Question

Quizplus · Accepted Answer

Before the current round of regional trading alliances, international competition was primarily country against country. There were no global trading alliances that defined opportunities and tariffs were often charged. Option A is incorrect because there was some competition between continents, although it was not as prevalent as competition between individual countries. Option C and D are also incorrect, as there were no global trading alliances or agreements to not charge tariffs.

Before the Current Round of Regional Trading Alliances, What Was