Define a free-trade zone and explain how one region has used this policy to improve economic growth in the region.

A free-trade zone is by definition “a place where trade is left to happen without tariffs(tax on imports/exports), quotas, or other restrictions”. An example of a free-trade zone is the European Union. There are no tariffs, quotas, or other restrictions placed on trading within the EU countries (they even share a currency). This allows for them to place products at a cheaper price for good quality and still get enough money to grow wealth within the different countries.

b. as prices rise, quantity demanded goes down.

is the art and science of cultivating the soil, growing crops and raising livestock. it includes the preparation of plant and animal products for people to use and their distribution to markets.

agriculture provides most of the world’s food and fabrics. cotton, wool, and leather are all agricultural products. agriculture also provides wood for construction and paper products.

these products, as well as the agricultural methods used, may vary from one part of the world to another.