3. Factors that influence international trade World trade has grown substantially in the last 60 years. For example, while world output grew at an annual rate of 3.8% per year between 1950 and 2003, world exports grew at 10.8% per year over the same time period. Which of the following help to explain the increase in international trade and finance since the 1950s? Check all that apply. International trade agreements such as the North American Free Trade Agreement (NAFTA) Services such as web conferencing and teleconferencing that facilitate international meetings Better high-speed rail lines Higher tariffs

3. Factors that influence international trade World trade has grown substantially in the last 60 years. For example, while world output grew at an annual rate of 3.8% per year between 1950 and 2003, world exports grew at 10.8% per year over the same time period. Which of the following help to explain the increase in international trade and finance since the 1950s? Check all that apply. International trade agreements such as the North American Free Trade Agreement (NAFTA) Services such as web conferencing and teleconferencing that facilitate international meetings Better high-speed rail lines Higher tariffs

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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