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the multilateral trade agreements established for all nations to the world trade

ID: 1122188 • Letter: T

Question

the multilateral trade agreements established for all nations to the world trade organization could help To see favorites here, select t then , and drag to the Favorites Bar folder. Or import from another browser. Import favorites Quiz: Chapter 32 Quiz This Question: 2 pts 190120 (19 complete) trade agreements established for all nations through the World Trade Organization coukd help A. give more power to certain parties of regional trade agreements to use rules of origin to create bamers to free trade. O B. to promote both trade diversion and trade deflection that can occur under world trade agreements, whereas regional trade blocs can promote more overal international trade C. tair trade proponents by providing incentives to utilize the trade-promotng pr that world trade agreements ought to provide

Explanation / Answer

The multilateral trade agreements established for all nations by the world trade organization could help

Answer D. to prevent both trade diversion and trade deflection that can occur under regional trade agreements, and promote more overall international trade, by adoption global trade agreements.

Regional trade agreements although promote free trade within a region it discriminates with other region, which is not the case for world trade agreements. It helps in liberalising trade for all the counteries and promote free trade by using internationally accepted norms.