Trade agreements can cause jobs to go to countries that provide those jobs:

Trade agreements can cause jobs to go to countries that provide those jobs:

a) efficiently

b) expensively

c) freely

d) gradually

Answer – a) efficiently.

The trade agreements can cause the jobs to go to the other countries which have the ability of providing the jobs efficiently. The major reason behind selecting this option as the correct answer is related to the competitive advantage that the firms can have over the rivals based on the effective trade agreements developed by the countries in which they are operating. The bilaterial and the multilateral trade-related agreements can reduce the trade barriers, can eliminate or reduce the tariffs and promoting the economic growth and investments. The free trade agreements or FTAs can play an important role in expansion of the opportunities related to the global market that can be considered by the exporters and the producers in the United States. The partnerships that are formed with the other US government-based agencies and private sector play an important role in the development of appropriate trade agreements. The commitments that are provided by the trade partners under the free trade agreements can have a positive influence on the competitive advantage that can be gained by the organizations that operate in these countries. The trade agreements are considered to be treaties that are formed between two or more than two countries with the aim of reducing or eliminating the barriers related to investments and trade that in turn can facilitate the strong trade ties and the commercial ties developed between the participating countries. Hence, the trade agreements can play an important role in providing jobs efficiently to the individuals in different countries based on the agreements that are formed by them. Different trade agreements can be formed between the countries for development of the appropriate relationships developed between the individuals.