Which of the following is(are) the effect(s) of an international
Trade agreement that provides an incentive and reward for
Nations NOT to impose tariffs?
I.an increase in world welfare and standard of living
II.an opportunity for lowincome nations to exploit the gains
From trade.
III.an opportunity for large countries to improve their terms of
Trade
A)I
B)I and II
C)I and III
D)I, II, and III

Question

Which of the following is(are) the effect(s) of an international
Trade agreement that provides an incentive and reward for
Nations NOT to impose tariffs?
I.an increase in world welfare and standard of living
II.an opportunity for low­income nations to exploit the gains
From trade.
III.an opportunity for large countries to improve their terms of
Trade
A)I
B)I and II
C)I and III
D)I, II, and III

Quizplus · Accepted Answer

The Answer of Which of the following is(are) the effect(s) of an international
Trade agreement that provides an incentive and reward for
Nations NOT to impose tariffs?
I.an increase in world welfare and standard of living
II.an opportunity for low­income nations to exploit the gains
From trade.
III.an opportunity for large countries to improve their terms of
Trade
A)I
B)I and II
C)I and III
D)I, II, and III

Which of the Following Is(are) the Effect(s) of an International