Trade agreement is known to influence companies in different ways. I agree with EU’s threat to use trade agreements as a weapon in the fight against low-cost subcontracting.
This can be a way to handling the issue with the developing countries. Tariffs on trade was once used by the European Union.
I believe that trade agreements are good tools that can fight against poor labor conditions that is prevalent developing nations.
The regulation used can make firms to have a more concentrated and vertical supply chain that is manageable and accountable.
Learn more from
https://brainly.com/question/14112822