Regional free-trade areas have been formed in order to
A) duplicate government regulatory systems.
B) reduce tariffs to increase trade.
C) coordinate the currencies of included countries.
D) accommodate the demands of organized labor.

Question

Quizplus · Accepted Answer

Regional free-trade areas are formed to reduce tariffs and trade barriers in order to increase trade between member countries. This leads to increased economic activity and benefits for all member countries.

Regional Free-Trade Areas Have Been Formed in Order to