Question

The ability to move goods and services among nations without any political or economic obstruction is called ____

Answer 1

The correct answer is: Free trade.

Step-by-step explanation:

Free trade occurs as nations can exchange goods and services without the tariffs, taxes, and quotas in between. Free trade lets nations focus on making their specialties which are traditional goods that other nations cannot make or manufacture. With revenue from the sale of such goods, nations can buy products that they need from other nations.

Answer 2

Answer: Free Trade

Step-by-step explanation:

Free trade is the ability of goods and services to move among two or more nations with little or no government tariffs, quotas, or inhibition.

Usually, nations go into mutual agreement and implement a free trade policy, and the aim of the policy is to reduce or eliminate all inhibitions to international trade (import and export).

The agreement that the nations choose to go into is usually called a Free Trade Agreement (FTA).