Trade agreements such as ______ have made it attractive to companies to locate abroad.
A)FICO
B)GATT
C)PATT
D)WTA

Question

Quizplus · Accepted Answer

GATT (General Agreement on Tariffs and Trade) is a trade agreement that encourages international trade by reducing or eliminating trade barriers, such as tariffs and quotas. This makes it more attractive for companies to locate abroad because they can access foreign markets more easily and cost-effectively. FICO, PATT, and WTA are not trade agreements and do not have the same impact on international trade.

Trade Agreements Such as ______ Have Made It Attractive to Companies