Question

despite many negative feelings, a number of governments have decided that reducing barriers to trade is at least potentially beneficial to their economy. which of the following is an example of countries reducing barriers through free trade?

nafta

nato

g20

gto

question 2 (1 point)

countries have strong differences in economic institutions: the u.s. is extremely ___________, cuba has a ___________ and canada is a mixture of both.

high - income; low - income

technological; shortage of technology

market - oriented; command economy

regulated; lack of regulation

Explanation:

Question 1

NAFTA (North American Free Trade Agreement) is a free - trade agreement between Canada, Mexico, and the United States, aiming to reduce trade barriers among the three countries. NATO (North Atlantic Treaty Organization) is a military alliance. G20 is a group of major economies for international economic cooperation, not mainly about free - trade barrier reduction. GTO is not a well - known free - trade - related organization for this context.

The United States has a market - oriented economy where market forces play a major role in economic decisions. Cuba has a command economy where the government makes most of the economic decisions. The options about income levels, technology, and regulation do not fit the description of economic institutions.

Answer:

A. NAFTA

Question 2