Generally speaking war and military build-up help the economy of a country by lowering "<span>unemployment," since many people are able to find jobs that allow the nation to mobilize. </span>
Answer:
-They encourage rapid economic growth in developing nations
-They can lead to rising standards of living.
-They can support the increased need for education and public services
are the correct answers.
Explanation:
Trade agreements are signed to regulate trade between two or more countries, these agreements cover import, export and various categories of goods. US has signed 320 trade agreements with different nations. International trade agreements are signed for free trade among nations to improve economic welfare. Free trade can be defines as the absence of tariffs and other impediments to international trade, it allows countries to specialise in goods cheap and efficient production of goods. The specialisation allows countries to achieve higher real incomes. Removing of trade barriers in free trade affects the workers of domestic countries as they face intense foreign competition. Trade liberalisation raises the standard of living and income in developing countries . China, Chile and Japan benefited form it .
Companies could pay less for transportation of goods, and travel time was decreased. <span />
I meant you already have the answer so i don’t have to tell you
