Question

chapter 19 quiz
0:29:49 remaining
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)
listen
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:

For Question 1: NAFTA (North American Free Trade Agreement) was a treaty designed to eliminate trade barriers between the U.S., Canada, and Mexico, directly fitting the free trade barrier reduction description. NATO is a military alliance, G20 is a forum for economic cooperation, and GTO is not a relevant trade-focused organization.
For Question 2: The U.S. has an economy driven by market forces (market-oriented), Cuba operates under a centrally planned (command) economy where the state controls most economic activity, matching the description of mixed vs. command/market institutions.

Answer:

Question 1: A. NAFTA
Question 2: C. market-oriented; command economy