Lesson 76 pg. 210 - 213 Flashcards
1
Q
Define national sovereignty
A
national sovereignty - the exclusive power of an independent state to rule and regulate internal affairs without foreign interference
2
Q
What is a multilateral trade agreement?
A
> those that involve more than two nations
>many policies in multilateral trade agreements go against our national interest and moral considerations
3
Q
What are bilateral trade agreements?
A
> agreements that affect only the two parties that make them
>respect sovereignty of United States and that of its trading partners
