Question

The president signing a trade agreement with China is an example of

Answer 1

I believe the answer is: Making a treaty

A treaty refers to a formal agreement that being made by two countries or more. Treaty could be made for both political, military, or economic reason. Treaties regarding trade agreement is made so both parties involved could obtain some sort of financial benefit with the help of the other party/

Answer 2

The President signing a trade deal with China is an example of $\boxed{\text{making a treaty}}$.

Further Explanation:

Any kind of trade agreement made by the head of any state with another nation comes under the ambit of international treaties. A trade agreement can also be called a trade treaty as it forms an integral part of a formal agreement made by two or more concerning parties. A trade agreement is aimed at removing common obstacles of international trade such as tariffs, non-tariff barriers, and other international prohibitions. Trade agreements tend to minimize the aforesaid obstacles resulting in an enhanced flow of goods/services within the partnering nations. The final outcome of such agreements is generally greater economic advantage.

Many of these treaties are signed keeping in mind the political, economic and military dimensions of a country. A treaty can also secure a nation’s sovereignty by ensuring military and economic security.

The signing of the Trans-Pacific Partnership trade agreement by the Obama administration in 2016 can be taken as a case study. In this treaty, which was signed between 11 other countries, the primary aim was to counter China’s economic influence in the entire Pacific by encouraging lower tariffs between partnering nations. Though the Treaty gave some diplomatic and economic edge to the United States, the Trump administration withdrew from this treaty in 2017.

Learn more:

1. What was an outcome of the north atlantic treaty?  brainly.com/question/239007

2. Which of these is not an example of a paradox?  brainly.com/question/8707309

Answer Details:

Grade: Secondary School

Subject: History

Chapter: Article II The Presidency

Keywords:

Trade agreement, Tariffs, Non-tariff barriers, International prohibitions, Political, economic and military, Trans-Pacific Partnership, Obama administration, Trump administration .