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7 February, 00:08

What is one major goal of u. s. economic foreign policy?

A:reducing trade barriers

B:decreasing gross domestic product

C:avoiding trade blocs

D:competing with the world bank

This is for apex

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Answers (2)
  1. 7 February, 00:15
    0
    A. reducing trade barriers
  2. 7 February, 00:26
    0
    Option A "reducing trade barriers"

    Explanation:

    The economic foreign policy of the US in the last years has been to encourage free trade in the world. One goal of the economic foreign policy is to create Trade Agreements that denote real paybacks for the commerce of the U. S. and other countries. The best example of the rank and the benefits of creating trade agreements is the agreement between the U. S., Mexico, and Canada, is the North American Free Trade Agreement, also known as NAFTA. This arrangement has just been newly negotiated by the three countries and now has the name of USMCA, the United States-Mexico-Canada Agreement. The three nations agreed to remove trade barriers between them by eliminating tariffs, the trade members increase investment opportunities.
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