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Why did US leaders promote both international trade and free enterprisE?
Wiki User
∙ 13y ago
American advisers thought the depression had been overly severe because countries cut back on trade. They believed that when nations seal themselves off economically, it forces them to go to war to get the resources they need. By 1945, President Roosevelt and his advisers were convinced that economic growth was the key to world peace. They wanted to promote economic growth by increasing world trade. American leaders believed that democratic government with protections for people's rights made countries more stable and peaceful. They also thought that the free enterprise system was the best route to prosperity.
Check your textbook. That's what I did.
Wiki User
∙ 13y ago
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What were the international trade policies designed to the US free enterprise system?
benefit
Why does reducing trade barriers promote increased international trade?
Free trade leads to lower prices and greater sales.
What did the American leaders push for as the international trade grew?
All of the above
What is the importance of international trade?
The importance of international trade is that it expands markets for various countries and provides resources to the others. This will promote interaction between different countries.
Methods governments can use to promote international trade?
subsidies, export financing, foreign trade zone and special government agencies
Multilateral arrangements to promote international trade?
Multilateral arrangements to promote international trade are bilateral or regional trade agreements.
What are the requirements to promote international trade-?
The requirements to promote international trade revolve around certain licenses and certifications. This includes LLC, along with established commercial entities that specializes in imports and exports.
How was the free enterprise system different from mercantilism for 18th- and century Europeans?
Under free enterprise, merchants were able to conduct unrestricted international trade. Under mercantilism, international trade was restricted.
How was the free enterprise system different from the mercantilism for 18th and 19th century Europeans?
Under free enterprise, merchants were able to conduct unrestricted international trade. Under mercantilism, international trade was restricted.
What were the international trade policies designed to the US free enterprise system?
benefit
Why does reducing trade barriers promote increased international trade?
Free trade leads to lower prices and greater sales.
What is a world trade organization?
An international body founded in 1995 to promote international trade and economic development by reducing tariffs and other restrictions.
Which of the following does not promote greater international trade?
Higher tax and tariff levels
What did the American leaders push for as the international trade grew?
All of the above
As international trade grew what did American leaders push for?
All of the above
Which international organization was formed to promote monetary cooperation among the world's nations and facilitate the expansion of international trade?
International Monetary System
What is the importance of international trade?
The importance of international trade is that it expands markets for various countries and provides resources to the others. This will promote interaction between different countries.
