In general,for the last 50 years tariff rates around the world have been
A) rising
B) falling
C) relatively unchanged
D) volatile - sometimes rising and sometimes falling quite dramatically

Question

Quizplus · Accepted Answer

Tariff rates around the world have been falling for the last 50 years due to globalization, free trade agreements, and efforts to reduce trade barriers. Countries have gradually shifted towards more open trade policies, leading to a reduction in tariff rates.

In General,for the Last 50 Years Tariff Rates Around the World