Question

Which of the following best describes the role of government in promoting free trade

Answer 1

The correct answer is “allows traders to interact without interference from government.”

The statement that best describes the role of government in promoting free trade is “allows traders to interact without interference from government.”

The best way that government can promote free trade is staying out of the way and do not interfere in the trade activity. One of the best examples is the free trade agreement between Mexico, the United States, and Canada, originally known as NAFTA. The three nations negotiated the agreement with minimal interference from its governments. Now, renegotiated, the new name of the agreement is USMCA, United States, Mexico, and Canada Agreement.

Answer 2

Allows traders to interact without interference from the government