FREE TRADE AND CONSUMERISM

Choose the right option:

It's an economic approach that defends the elimination of obstacles to the economic activity of agents.

• Free trade

• Free domestic trade

• Free foreign trade

Choose the right option:

When we refer to this type of free trade, we say that there is a market economy in the country that promotes free competition between businesses for consumer preferences. In this situation, companies are expected to be free to enter or exit the market and product prices are expected to be defined by the interplay of supply and demand.

• Free trade

• Free domestic trade

• Free foreign trade

Choose the right option:

In this type of free trade, countries can exchange goods and services freely, using their comparative advantages (countries must specialize in activities where they have the most advantages).

• Free trade

• Free domestic trade

• Free foreign trade

Choose "True" or "False" as appropriate:

For free trade to be effective, there must be a system that ensures compliance with private-private agreements and upholds the basic rights of consumers and businesses.

• True

• False

Choose "True" or "False" as appropriate:

For free external trade to be facilitated, countries never need to sign free trade agreements.

• True

• False

Choose "True" or "False" as appropriate:

Within the domestic free trade, the government is the figure that must function as a guarantor of property rights, consumer rights and compliance with legal contracts or agreements.

• True

• False

Choose "True" or "False" as appropriate:

Consumerism is a trend of the contemporary world that consists of buying and/or accumulating goods and services above what is considered a necessity.

• True

• False

Choose "True" or "False" as appropriate:

The consumption of a population depends on the economic strategies of trade opening of a state towards the world: greater consumption, greater import, greater consumer products, which implies the exchange of culture.

• True

• False