What does eliminating discrimination between trading partners help achieve?

What does eliminating discrimination between trading partners help achieve?

• A. Increased collaboration among nations
• B. Heightened economic disparities
• C. Enhanced trade barriers
• D. National trade isolation

Answer: (A)

Eliminating discrimination between trading partners is primarily aimed at fostering increased collaboration among nations. When countries remove discriminatory practices such as tariffs, quotas, and preferential treatment for specific partners, they create a more level playing field that encourages mutual cooperation in trade. This collaborative environment allows nations to engage in more extensive trade partnerships, share resources, and benefit from comparative advantages. As countries work together without the hindrance of discrimination, they can achieve a more integrated global economy, leading to increased economic growth and stability. Trade alliances and agreements become more effective when all partners are treated equally, facilitating smoother transactions and interactions. This increased collaboration can lead to diversified markets, more innovative practices, and overall enhancement of international relations. The other choices, such as heightened economic disparities, enhanced trade barriers, and national trade isolation, run contrary to the objectives of promoting non-discriminatory practices in trade. These scenarios would typically arise in a situation where discrimination is present, rather than eliminated. Therefore, the focus on collaboration through equal treatment of trading partners highlights the positive outcomes of fair trade practices.

Eliminating discrimination between trading partners is primarily aimed at fostering increased collaboration among nations. When countries remove discriminatory practices such as tariffs, quotas, and preferential treatment for specific partners, they create a more level playing field that encourages mutual cooperation in trade. This collaborative environment allows nations to engage in more extensive trade partnerships, share resources, and benefit from comparative advantages.

As countries work together without the hindrance of discrimination, they can achieve a more integrated global economy, leading to increased economic growth and stability. Trade alliances and agreements become more effective when all partners are treated equally, facilitating smoother transactions and interactions. This increased collaboration can lead to diversified markets, more innovative practices, and overall enhancement of international relations.

The other choices, such as heightened economic disparities, enhanced trade barriers, and national trade isolation, run contrary to the objectives of promoting non-discriminatory practices in trade. These scenarios would typically arise in a situation where discrimination is present, rather than eliminated. Therefore, the focus on collaboration through equal treatment of trading partners highlights the positive outcomes of fair trade practices.