Answer to Question #179259 in History for will

Question #179259

describe how US free enterprise system impact international trade policies.

Expert's answer

Describe how the US free enterprise system impact international trade policies.

Free enterprise refers to a free market, where the market identifies the services, prices and products rather than the government. It also refers to activities where business activities are regulated via private measures (Cooper, 2014). Free enterprise in America means that there have to be secure open markets for exports of the United States, domestic products' protection from unfair global trade activities and rapidly increasing traded imports and authority ove foreign policies for security purposes. These are attained through forming and conducting international trade policies along with the utilization of multifaceted bargains to create and enhance a rule-based trading structure.



Cooper, W. H. (2014). Free trade agreements: Impact on US trade and implications for US trade policy.

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