The president signing a trade agreement with china is an example of approving an amendment. ratifying an amendment. granting a pardon. making a treaty.

The president signing a trade agreement with China is an example of making a treaty. This 'trade agreement or trade pact' is a trade treaty. This trade treaty generally includes investment guarantees, and it is signed under international law.

An example of a trade agreement can be The Trans-Pacific Partnership (TPP). In February 2016, Obama signed with other 11 countries a free trade deal (TPP)  which consists on lower tariffs and counter China’s influence in the Pacific. In January 2017, the United States withdraw from the agreement by Trump's decision (at the beginning of his presidency).

The president signing a trade agreement with China is an example of making a treaty.

Further Explanation:-

A treaty that is signed usually between two more more countries is known as a trade agreement. Trade agreement involves finance support, Guidance as well as terms and conditions along with some gain for both the countries which those both countries aim to achieve. Trade agreement determine tariffs and duties that the countries will impose on each other in regards to imports and exports and all trade agreements effect international trade also. There are three types of trade agreements. One is unilateral trade agreement and this happens when a country imposes restrictions with respect to trade and n other country reciprocates to it. Then comes Bilateral trade agreements, These agreements take place between two countries when both the countries agree to loosen up their trade restrictions and this is done in order to expand business opportunity between two countries and the third type of trade agreement is Multilateral trade agreement and this is considered as most difficult to negotiate as this takes place among three or more countries. If President of United States signs a trade agreement with china then it will be considered as a treaty.  

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Answer Details:

Grade – High School

Subject – Economy

Chapter –Trade Agreement

Keywords –Trade, Trade Agreement, Treaty, United States, China, Multilateral, Bilateral, Unilateral, Loosen, Negotiate, President.  

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