Consideration of regional trade agreements is critical to the facility location decision process because of their impact on which of the following?:
A)Tariffs
B)Costs
C)Free flow of goods and services
D)All of these

Question

Consideration of regional trade agreements is critical to the facility location decision process because of their impact on which of the following?:
A)​Tariffs
B)​Costs
C)​Free flow of goods and services
D)​All of these

Quizplus · Accepted Answer

Regional trade agreements can impact tariffs by reducing or eliminating them, impact costs by allowing for easier access to markets and potentially reducing transportation costs, and impact the free flow of goods and services by removing barriers and improving trade relations. Therefore, all of these factors are important to consider when making a facility location decision.

Consideration of Regional Trade Agreements Is Critical to the Facility