Which one of the following factors will contribute to continued growth of trade among countries?

Question

Quizplus · Accepted Answer

Negotiation of more free-trade areas among countries will eliminate trade barriers and promote trade growth. A, B, and D, however, will hinder trade growth. Political pressures for higher minimum wages will increase production costs and reduce competitiveness, declines in the importance of manufacturing in developing nations will reduce the pool of goods available for trade, and increases in the average worldwide tariff will increase trade barriers and reduce trade.

Which One of the Following Factors Will Contribute to Continued