When a country takes a unilateral approach to free trade,it
A)removes trade restrictions on its own.
B)reduces its trade restrictions while other countries do the same.
C)does not remove trade restrictions no matter what other countries do.
D)is willing to trade with multiple countries at once.

Question

Quizplus · Accepted Answer

A unilateral approach to free trade means that a country removes its trade restrictions on its own, without waiting for or expecting reciprocity from other countries. It is a one-sided approach that aims to increase the country's economic competitiveness and efficiency by opening up its markets to foreign competition.

When a Country Takes a Unilateral Approach to Free Trade,it