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2 years ago

In 2015, what percentage of united states exports went to countries that were part of free-trade agreements?.

Business

1 answer:

arsen [322]2 years ago

6 0

47% of United States exports in 2015 were the result of free trade agreements.

<h3>What is a free trade agreement?</h3>

A free trade agreement is a bilateral or multilateral agreement under international law to form a free trade area between cooperating states.

According to the above, a free trade agreement allows several countries to market (import and export) the products of their national companies to the other member countries of the agreement with greater ease and less tariffs.

The United States is a country that has established many free trade agreements with various countries, so the percentage of exports reached in 2015 was 47%.

Learn more about free trade agreements in: brainly.com/question/10473895

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Results are below.

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<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

<u></u>

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