Question

Which of the following effects would not likely result from enacting a free trade agreement? A. Imports would increase. B. Exports would increase. C. Prices of goods would decrease. D. Quotas and tariffs would increase. Please select the best answer from the choices provided.

Answer 1

⭕ D. Quotas and tariffs would increase

Answer 2

Answer:

Option D.

Explanation:

Quotas and tariffs would increase, is the right answer.  

A free trade agreement indicates the agreement between two or more nations or countries that facilitates the import and export of commodities without restrictions. Under the free trade agreement, the countries involved in an agreement to sell or buy goods and services across the international border. The primary motive of this agreement is to increase export and import among member nations. A free trade agreement will result in all of the given options except D.