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there are 164 members of the World Trade Organization (WTO). Of all of the nonmembers in the world, Iran has the largest economy. In 2016, Iran reapplied to become a member of the WTO. Which statement describes how Iran's membership would most likely affect the global economy? A Free trade would create monopolies on goods. B Lower tariffs would benefit consumers. C Production times for consumer goods would decrease. D New trade rules would encourage the use of nuclear energy.

there are 164 members of the World Trade Organization (WTO). Of all of the nonmembers in the world, Iran has the largest economy. In 2016, Iran reapplied to become a member of the WTO. Which statement describes how Iran's membership would most likely affect the global economy? A Free trade would create monopolies on goods. B Lower tariffs would benefit consumers. C Production times for consumer goods would decrease. D New trade rules would encourage the use of nuclear energy.

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24 Read the information. There are 164 members of the World Trade Organization (WTO). Of all of the nonmembers in the world, Iran has the largest economy. In 2016, Iran reapplied to become a member of the WTO. am Which statement describes how Iran's membership would most Ilikely affect the global economy? A Free trade would create monopolies on goods. B Lower tariffs would benefit consumers. C Production times for consumer goods would decrease. New trade rules would encourage the use of nuclear energy.
Transcribed Image Text:24 Read the information. There are 164 members of the World Trade Organization (WTO). Of all of the nonmembers in the world, Iran has the largest economy. In 2016, Iran reapplied to become a member of the WTO. am Which statement describes how Iran's membership would most Ilikely affect the global economy? A Free trade would create monopolies on goods. B Lower tariffs would benefit consumers. C Production times for consumer goods would decrease. New trade rules would encourage the use of nuclear energy.
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