Business
Business, 10.11.2019 04:31, kameron1337

One important theme in the 2016 u. s. presidential election was a backlash against trade agreements in general; a significant number of voters were convinced that america's trade deals amounted to a giveaway of sovereignty, and that the united states should stop tying its own hands and pursue whatever trade policy serves itsself-interest. how would you respond to that assertion? this view: a. fails to recognized that uncoordinated trade policies are likely inferior to those based on negotiations between governmentsb. correctly recognizes that governments are ableto avoid costly trade wars from following their own trade policies. c. correctly recognizes that governments are better able to resist domestic pressure from negotiating with each other. d. fails to recognize that prisoner's dilemma can be avoided from a government following their own trade policies. e. fails to recognize that governments can pursue their own trade policies in a vacuum.

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