A country that lowers its tariffs on important farm products and manufactured goods is committed to __________.

Question

Quizplus · Accepted Answer

Lowering tariffs on important farm products and manufactured goods indicates a commitment to free markets, as it removes barriers to trade and promotes competition. Protectionism, on the other hand, involves the use of tariffs to protect domestic industries from foreign competition. Collective security and noninterventionism are not relevant in this context.

A Country That Lowers Its Tariffs on Important Farm Products