Question

Which of the following correctly explains the relationship between international trade agreements and protectionist trade policies? (1 point)
• International trade agreements usually weaken protectionist trade policies by increasing barriers to trade.
• International trade agreements usually weaken protectionist trade policies by reducing barriers to trade.
• International trade agreements usually support protectionist trade policies by reducing barriers to trade.
• International trade agreements usually support protectionist trade polices by increasing barriers to trade.

Answer 1

International trade agreements usually weaken protectionist trade policies by reducing barriers to trade.