Single Answer MCQ
Q-00044470
Which is a major reason for establishing free trade agreements?
1
To raise tariffs on goods
2
To promote trade barriers
3
To enhance trade relations and reduce tariffs
4
To restrict imports
Answer and Solution
Answer
C. To enhance trade relations and reduce tariffs
Solution:
Free trade agreements are established to enhance trade relations by reducing tariffs and other trade barriers, facilitating easier exchange between countries.
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