Question

why does the ita believe that fair trade is important to us businesses and to the world? choose three correct answers.
fair trade reduces the number of us exports by making products more expensive.
fair trade can lift 300–500 million of the world’s poor out of poverty over the next 15 years.
fair trade increases the standard of living for the average us worker by improving market access.
fair trade helps us families save an estimated $7,800 per year by eliminating global trade barriers.
fair trade makes it easier for foreign countries to impose tariffs on us goods.
lower part text related to trade barriers and compliance, partially visible: works to remove costly barriers to product... average us family of four... elimination of global trade barriers... poverty over the next 15 years... compliance (mac) unit’s objective is to... achieve full compliance by foreign... liberalizing trade... increase the standard of living for... track specific cases... potential of negotiated... adversely affect... international trade... lead unit... safeguard jobs... resolve disputes... protect us companies from...

Explanation:

To determine why the ITA believes fair trade is important, we analyze each option:

• "Fair trade reduces the number of US exports by making products more expensive." This is negative and not a reason for supporting fair trade, so incorrect.
• "Fair trade can lift 300–500 million of the world’s poor out of poverty over the next 15 years." This shows a positive global impact, a valid reason.
• "Fair trade increases the standard of living for the average US worker by improving market access." This shows a positive impact on US workers, valid.
• "Fair trade helps US families save an estimated $7,800 per year by eliminating global trade barriers." This shows financial benefit to US families, valid.
• "Fair trade makes it easier for foreign countries to impose tariffs on US goods." This is negative and not a reason for support, incorrect.

So the three correct options are the ones highlighting positive impacts: the one about lifting the poor out of poverty, the one about increasing US workers' standard of living, and the one about saving US families money.

Answer:

• Fair trade can lift 300–500 million of the world’s poor out of poverty over the next 15 years.
• Fair trade increases the standard of living for the average US worker by improving market access.
• Fair trade helps US families save an estimated $7,800 per year by eliminating global trade barriers.