A-LevelEconomicsInternational economic issues9708/12 · Feb/Mar 2017 · Q261 Mark
The US President signed a trade agreement which allowed more duty-free access to the US market for Latin American and Caribbean countries. Who might benefit in the short run from this agreement?
ACaribbean countries, because they may export to Latin America.
BLatin American businesses, because they may be able to sell more in the US.
CLatin American governments, because they will not have to pay so much duty.
DThe US, because it may export more to Latin America.
✓ Correct answer
B: Latin American businesses, because they may be able to sell more in the US.
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