Answer:
A.) fewer sanctions against developing economies
Explanation:
The trade agreements such as NAFTA and the EU have been of great benefit for strengthening the economies of the member countries. It has also enabled the developing countries to have much better opportunities on the market, and their economies to have much quicker development and thrive, as the sanctions are non-existent between the member countries. We can take Mexico as an example from NAFTA, as it was the one that was the least developed, but since NAFTA was formed, its economy is constantly on the rise. In the EU we can take Poland as an example. A former communist country that had lot of difficulties, since joining the EU, managed to have constant rise in its economy, and the country has been developing very well.
Answer:
The Age of Exploration.
Explanation:
The Age of Exploration starrted when a number of European countries began overseas explorations to find new trade route. There were three main factors that led to the Age of Exploration these include- Gold, God and Glory. The European countries began to find the new trade routes for economic gain or to earn more wealth. They wanted to improve their economies by establishing their control over the trade of spice and gold etc. They explored new land to spread their religion- Christianity. And, the fame associated with the discovery of new land and trade route inspired them more to explore more. Therefore, the need for new trade routes, the desire to spread religion and competition between various European countries contributed to the "Age of Exploration".
The answer to this question is A he was looking for a route to the east
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 .
