Most trade agreements contain countries in the same area of the world.Why is this so?
A)The distances that goods need to travel between such countries are short.
B)Distribution channels are not easily established in adjacent countries.
C)Adjacent countries are reluctant to coordinate policies.
D)Neighboring countries usually lack a common history and interests.

Question

Quizplus · Accepted Answer

Trade agreements between countries in the same area of the world often have shorter distances between them, which makes transportation and logistics easier and more cost-effective. This allows for quicker delivery and reduces the risk of damage to goods during transportation. Additionally, neighboring countries often have similar economic conditions and share resources, which can lead to mutually beneficial trade relationships.

Most Trade Agreements Contain Countries in the Same Area of the World.Why