The lowering of _______________ between countries is likely to lead in increased price competition throughout the EU and NAFTA.
A) barriers to trade
B) military stability
C) perception of EU stability
D) single market solutions
E) administrative barriers

Question

Quizplus · Accepted Answer

Lowering barriers to trade between countries leads to increased access to markets and increased price competition. This would be the most direct factor affecting pricing within trade groups such as the EU and NAFTA. Military stability, perception of EU stability, single market solutions, and administrative barriers may indirectly affect pricing but are not as directly related as barriers to trade.

The Lowering of _______________ Between Countries Is Likely to Lead