Why are cooperative arrangements difficult to negotiate and maintain?
A) They require a long-term policy commitment, but politics is often focused on the short run.
B) No one understands the benefits and consequences.
C) Trading nations do not trust one another.
D) They have to be approved by the IMF, which takes years to accomplish.

Question

Quizplus · Accepted Answer

Cooperative arrangements, such as international trade agreements, require a long-term policy commitment and can take years to negotiate, but politics is often focused on the short run, making it difficult to maintain such agreements.

Why Are Cooperative Arrangements Difficult to Negotiate and Maintain