Explain why countries enter into free trade agreements


Problem

I. In two paragraphs explain the global benefits of international trade and multination corporations.

II. In complete sentence format explain two of the types of trade barriers, the reason why countries sometime establish trade barriers, and the effect trade barriers sometimes have on the economy.

III. In two paragraphs analyze four of the factors that can affect economic development.

IV. In two paragraphs explain why countries enter into free trade agreements and provide names of the three trade agreements with a brief description.

V. In two paragraphs explain one economic difficulty for people traveling and conduction business between countries and describe the two exchange rates and how they function.

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Macroeconomics: Explain why countries enter into free trade agreements
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