A positive result of trade agreements such as NAFTA and the EU is:

A positive result of trade agreements such as NAFTA and the EU is:

a. fewer sanctions against developing economies

b. more economic rights for citizens

c. more support for domestic companies

d. fewer competitors in the global economy

Answer. b. more economic rights for citizens

NAFTA (North American Free Trade Agreement) and EU (European Union) often create such relations as their main goal is to help countries establish trade cooperation. A major positive effect is the enhancement of the economic powers of the citizens. These may contain clauses that assist citizens to live and work, study, or commence trading in a member country that best suits them; improving the mobility of human and capital. They also guarantee equality, fairness in competition, and enhanced ownership of intellectual property rights. In addition, since these pacts remove trade barriers, they allow the consumers access to a multitude of products cheaply thus an increase in their bargaining power. Another permissive impact of this human rights measure is the centrality of individual freedoms and enhanced economic self-realization.


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