What is an advantage of free-trade agreements?
A)They protect domestic industries and jobs by taxing goods imported from outlying regions.
B)They protect the well-being of people by restricting the flow of goods being exported from their country.
C)They reduce the impact of globalization by preventing the loss of capital from a country.
D)They provide managers with a threat-free environment to work within.
E)They provide manufacturing organizations with opportunities to reduce production costs.

Question

Quizplus · Accepted Answer

Free-trade agreements allow manufacturing organizations to access cheaper resources and labor from other countries, thereby reducing production costs.

What Is an Advantage of Free-Trade Agreements