Over the past several decades there has been a rapid growth in international trade.This growth has been due to all except one of the following factors.Which factor has not contributed to the growth of international trade?
A)A favourable change in government policies
B)The spread of reliable communications
C)A reduction in shipping costs
D)An increase in the tariffs charged on many goods

Question

Quizplus · Accepted Answer

An increase in tariffs would discourage international trade by making goods more expensive and less competitive in foreign markets. Therefore, this factor has not contributed to the growth of international trade. On the contrary, factors A, B, and C have all facilitated international trade by creating a more conducive environment for cross-border transactions. These factors have improved market access, reduced transaction costs, and increased efficiency, among other benefits.

Over the Past Several Decades There Has Been a Rapid