Answer:
<h3>The most common reason why countries create trade agreements is to outline the consequences if deviated from the agreement.</h3>
Explanation:
When two or more countries come into a trade agreement, each party proposes a different set of rules and conditions before signing the agreement.
This is done in order to avoid deception or cancellation of the agreement before the agreed period of time. A trade agreement comprises of huge investments, low tariff packages and free quotas. Cancellation or deception would incur huge loss.
International agencies such as IMF (International Monetary Fund), therefore, monitors compliance of agreement between the countries to avoid any such violations.
before i can answer maybe give me more info? that would be helpful. then i might be able to answer it
Answer:
Extravagant expenditure loses the essence of the festival and sometimes becomes a show for attention-seeking people.
Explanation:
Often it takes some expenses to make a festival cheerful and this allows us to devote more time with our friends and family. However, the other fact is that one doesn't need money to spend time with loved ones. The lightness of festivals sometimes blinds us that we cannot see the real motive of the festival and look for material pleasures in it. Society is affected because the potential capital which could be used for its upliftment is wasted on a extravagant leisures.
