Answer:
At a trade meeting, country A and country B, which are trade partners, agree to remove trade barriers to stimulate economic growth. They sign
a free trade
agreement stating that tariffs on all goods will be removed. Some groups in country B protest the agreement because they think it will lead to excessive
competition
in some industries, which will threaten
domestic
companies and jobs.
Explanation:
free trade agreement—an agreement between two or more countries to conduct trade among themselves without barriers or restrictions
competition—a situation in which a person strives to perform better and be more successful than someone else
