answersLogoWhite

0


Best Answer

Capitalism

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Which ideology is most in favor of free trade?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Natural Sciences

What is the name of the agreement that removed most tariffs between Mexico Canada and the US?

C. The North American Free Trade Agreement (NAFTA)


Is free trade zone and foreign trade zone the same?

The terms "foreign trade zone" and "free trade zone" are often used interchangeably in the logistics industry, but they are not the same. The most significant difference between a foreign-trade zone and a free-trade zone lies in the location and the manufacturing process. Knowing the difference between the two can mean reduced costs, minimized bureaucratic regulations, and increased global market presence for your company. A free-trade zone is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, reconfigured, and re-exported under specific customs regulations and generally not subject to customs duty. Free-trade zones are located outside the United States. Free trade zones are usually organized around major seaports, international airports, and national boundaries. Foreign trade zones are the United States' version of a free trade zone. They are located in the United States, usually near a Port of Entry. Like a free trade zone, a foreign-trade zone allows goods to be repackaged, modified, manipulated, and relabeled. However, unlike a free trade zone, goods can be manufactured further and re-exported without the oversight of customs authorities. Since these zones are established outside of the customs territory of the United States, the goods that reside within it (both domestic and foreign) haven't cleared Customs. These zones allow companies to operate their supply chain more effectively by allowing them to legally avoid paying duties and merchandise processing fees.


What is the name of most surface wind systems?

Trade Winds,Prevailing Westerlies,and Polar Easterlies


What changes did trade bring to the ancient kingdoms of West Africa?

Trade made West Africa one of the most thriving trade ports of all of the ancient kingdoms.


How would a drop in pressure affect a gaseous system at?

the reaction would shift to favor the side with the most moles of gas

Related questions

The most enduring free trade area in the world is the European Free Trade Association?

EFTA


Common arguments in denying Free Trade practices?

What are the most common arguments in denying Free Trade practices?


Is most likely to create new markets?

free trade


What is most likely to create new markets?

free trade


How does free trade most affect specialization?

Free trade encourages specialization because competition leads each country to concentrate on the things it does best.


Why did the federalists favor the Britain?

The federalists believed that industry and trade shouuld be the main business of the US and Britain was the most industrialized nation at the time.


Which of the following is most likely to create new markets?

free trade


Why did federalist favor Britain?

The federalists believed that industry and trade shouuld be the main business of the US and Britain was the most industrialized nation at the time.


What economic alliance is Mexico a member of?

Not much alliances but trade and commerce treaties, Mexico is one of the countries with most trade agreements in the world, having 12 free trade agreements with over 40countries including North and Central America, the European Free Trade Area and Japan, putting more than 90% of its trade under free trade agreements.


What are some countries Mexico traded with?

Mexico is one of the countries with most trade agreements in the world, having 12 free trade agreements with over 40 countries including North and Central America, the European Free Trade Area and Japan, putting more than 90% of its trade under free trade agreements.


Which idea is most closely associated with laissez-faire economics?

Free trade


What process was supporting all of the industries in America?

The process of free trade was supporting all of the industries in America. By not restricting either imports or exports, and improving trade. Most economists agree that the difference between societies which prosper and those that don't can usually be attributed to free trade or the lack of free trade