Tariffs and other trade barriers have been significantly reduced among many countries, allowing a much more competitive global economy.

Question

Quizplus · Accepted Answer

Tariffs and other trade barriers have indeed been reduced among many countries, leading to a more competitive global economy. This has been achieved through various trade agreements and organizations, such as the World Trade Organization (WTO), which promote free trade and help to reduce barriers to trade.

Tariffs and Other Trade Barriers Have Been Significantly Reduced Among