Why would a country wish to pursue open trade policies?

a) To improve the quality of life for its citizens by giving them access to more products at lower prices
b) To create more jobs in areas where the home country does not have a competitive advantage
c) To strengthen its currency since more of it will be needed to buy imports
d) To increase tax revenues from the collection of tariffs

Question

03-07-2024
Business

Answered

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Why would a country wish to pursue open trade policies?

a) To improve the quality of life for its citizens by giving them access to more products at lower prices
b) To create more jobs in areas where the home country does not have a competitive advantage
c) To strengthen its currency since more of it will be needed to buy imports
d) To increase tax revenues from the collection of tariffs

Sagot :

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