After World War II,the West committed to removing trade barriers between nations because of what experience?
A) the loss of production from the war
B) retaliatory trade policies leading to the Depression
C) the General Agreement on Tariffs and Trade
D) massive waves of immigrants seeking jobs
E) the shift away from production to consumption

Question

Quizplus · Accepted Answer

The experience that led to the commitment to removing trade barriers was the retaliatory trade policies that countries implemented after World War I, which worsened the Great Depression of the 1930s. Many countries increased tariffs and other trade barriers in an attempt to protect their own industries, but this led to a decrease in international trade and a worsening of economic conditions. This experience led to a commitment to free trade and the removal of trade barriers after World War II. The General Agreement on Tariffs and Trade was a multilateral agreement that helped facilitate this process.

After World War II,the West Committed to Removing Trade Barriers