Regional trade agreements may
A)enforce regional restrictions on the cross-border flow of resources and reinforce import tariffs.
B)expose companies based in one member country to increased competition from companies in other member countries.
C)hinder the spread of globalization by setting up trade barriers between different countries of the same region.
D)provide manufacturing organizations with fewer opportunities to reduce costs and provide managers with fewer threats.
E)be created to reduce overall tariffs on goods that flow within a country and increase tariffs on goods that flow between regions.

Question

Quizplus · Accepted Answer

Regional trade agreements often lead to increased competition as they reduce trade barriers among member countries, allowing companies from different member countries to compete more freely in each other's markets.

Regional Trade Agreements May