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4.1.7 Quiz: Global Trade and Interdependence

Question 10 of 10
What is the definition of the word treaty?
O A. Monetary assistance paid by a government to help a business or
economic sector
OB. The exchange of goods and services between two or more
countries
OC. A formal contract or agreement between countries or political
entities
OD. A system of buying and selling without any involvement by
governments

User GijsjanB
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Final answer:

A treaty is a formal contract or agreement between countries or political entities.


Step-by-step explanation:

The definition of the word treaty is a formal contract or agreement between countries or political entities. A treaty is a legally binding agreement that establishes rights and obligations between the parties involved. It is usually negotiated and ratified by the governments of the countries or political entities involved. Treaties cover a wide range of topics, including trade, peace, security, and cooperation.


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