Question

A group of nations establishes a free-trade zone. What is the most likely effect?
1. Cost of trade increases
2. Exports decrease
3. Imports decrease
4. Trade increases

Answer 1

what do you think? personally I think the trade would increase in that area.

Answer 2

That's what I was thinking just wanted to get a second opinion,

Answer 3

Because in a free trade countries would export more goods and thus there would be more imported goods from other countries
- and the cost of trade in a free trade agreements among nations would be a low cost.

Answer 4

true