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AP Human Geography
Unit 7 – Industrial and Economic Development
Topic 7.7
What role do free-trade agreements typically play in world economic dynamics?
They lower tariffs between member nations, promoting increased trade and potentially economic growth for those involved.
They universally benefit all nations by ensuring equitable distribution of resources globally.
They lead to decreased trade among member nations due to reduced competitiveness.
They have no substantial impact on world economic dynamics because they deal solely with local economies.
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AP Human Geography - 7.7 Changes as a Result of the World Economy
Key terms
Free-trade agreements
World economic dynamics
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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