trade feedback effect is one argument for
A) decreasing a nation's exports.
B) free trade agreements.
C) increased tariffs and quotas.
D) international trade associations.
E) decreasing a nation's imports.

Question

Quizplus · Accepted Answer

The trade feedback effect refers to the way in which a country's imports and exports can affect other aspects of its economy, such as employment and consumer spending. Free trade agreements can help to facilitate the flow of goods and services between nations, which can lead to increased economic growth and improved living standards.

Trade Feedback Effect Is One Argument for