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Q.1
A three-country trade agreement negotiated by the governments of Canada, Mexico, and the United States that took effect in 1989.
The UN
NAFTA
NATO
IMF
Q.2
Ask Rate is a rate at which Bank ________
Buys
Sells
Negotiate
Trade
Q.3
What are some negatives of globalization?
Workers are exploited in sweatshops
Pollution and deforestation
Low wages for factory workers in Asia and Africa
All of the answers are correct
Q.4
Fixed Exchange Rate is permanently fixed.
True
False
Q.5
Spot Rate is _______
T+0
T+1
T+2
T+3 Onward
Q.6
Balance of Payment is a __________
Statement
Account
Summary
Both Statement And Account
Q.7
The main justification for an embargo on foreign goods is to
Punish a nation
raise revenue
Increase consumption or the good
Q.8
Which of the following is not a benefit of trade between nations?
More stuff
Better stuff
cheaper stuff
similar stuff
Q.9
Not trading with nations who create products using child labor is used in the argument for
Domestic Jobs
National Defense
Human Rights
Environment
Q.10
Tariffs and Quotas can benefit nations imposing them by...
Raising revenue
increasing variety of goods
lowering prices
increasing consumption
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