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How does this agreement help the nations involved? Check all that apply.
It reduces barriers to trade.
It coordinates trade with other trade agreements.
It promotes industry development and trade.
It requires environmental protection.
It builds up a common military.
It protects workers’ rights.
To answer how the agreement helps the nations involved, let’s check the relevant options:
1. It reduces barriers to trade. – Correct. By reducing tariffs and quotas, countries can trade more freely, benefiting their economies.
2. It coordinates trade with other trade agreements. – Correct. This can create synergies and broader markets, making trade more efficient.
3. It promotes industry development and trade. – Correct. Agreements often include provisions that support local industries and encourage investment.
4. It requires environmental protection. – Correct. Many modern trade agreements include environmental standards to ensure sustainable practices.
5. It builds up a common military. – Incorrect. Most trade agreements do not involve military cooperation directly.
6. It protects workers’ rights. – Correct. Some agreements include labor standards to protect workers in participating nations.
In summary, the agreement helps by promoting trade and industry development while ensuring environmental protection and worker rights.