which situations are aspects of free trade? select three options.\nthere are no government barriers to…
which situations are aspects of free trade? select three options.\nthere are no government barriers to trade.\nthe value of goods and services decreases.\nfew taxes are placed on goods and services.\nall countries participate in free trade agreements.\ngoods and services move freely between countries.
Answer
Brief Explanations:
Free - trade is characterized by the absence of government - imposed barriers to trade like tariffs, quotas, etc. It also means goods and services can move freely across countries and there are minimal taxes on them. The value of goods and services doesn't necessarily decrease in free - trade, and not all countries participate in free - trade agreements.
Answer:
There are no government barriers to trade. Few taxes are placed on goods and services. Goods and services move freely between countries.