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How does an economic agreement unify people? (Choose 2)

a) By creating trade barriers
b) Through mutual economic interests and cooperation
c) By encouraging isolationism
d) By promoting currency wars

1 Answer

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Final answer:

An economic agreement unifies people through mutual economic interests and cooperation and by promoting peace and economic prosperity, as evidenced by the success of the European Union, which established a common currency and removed trade barriers.

Step-by-step explanation:

An economic agreement can unify people primarily through the following ways:

  • Through mutual economic interests and cooperation, which can lead nations to work together towards common goals, resulting in strengthened relationships and shared success.
  • By working to maintain peace and economic prosperity in the world, economic unions can dissuade the occurrence of conflicts and wars, as well-functioning economic partnerships can make the prospect of aggression less appealing.

For example, the European Union (EU) is a regional trading agreement that became a full economic union with the goal of ensuring peace and fostering economic growth through collaboration. It promotes free movement of goods, labor, and capital and has even established a common currency, the euro, to ease trade and economic exchange among its member states.

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