Which of the following is not an example of how trade agreements, like NAFTA, lower trade barriers

History · Middle School · Mon Jan 18 2021

Answered on

The statement "Imposing tariffs on imported goods" is not an example of how trade agreements, like NAFTA (North American Free Trade Agreement), lower trade barriers. Instead, imposing tariffs is a measure that raises trade barriers by placing taxes on imported goods, making them more expensive for consumers and potentially restricting international trade. Trade agreements typically work to reduce or eliminate such barriers, promoting freer exchange of goods and services between participating countries.