Multiple Choice Questions

Which group works to help members establish internal political stability?
  • World Trade Organization
  • Association of Southeast Asian Nations
  • Free trade must be carefully monitored.
  • Increased production and fair trade would help the economy.
Which group primarily helps settle trade disputes?
  • Increased production and fair trade would help the economy.
  • World Trade Organization
  • Association of Southeast Asian Nations
  • Free trade must be carefully monitored.
Trade agreements can cause jobs to go to countries that provide those jobs
  • economic zone.
  • trade for necessary goods.
  • efficiently
  • direct
Trade agreements are helpful because they allow countries to
  • trade for necessary goods.
  • increase trade tax revenue.
  • influence foreign trade.
  • help create new trade barriers
The Free Trade Agreement Tariff Tool allows US businesses to
  • by encouraging countries to balance imports and exports
  • a regional organization promoting growth in Southeast Asia
  • access tariff rates when planning to export.
  • to attract investments by foreign countries
The simplest form of a trade agreement is a ... agreement created between two countries.
  • to reduce tariffs
  • efficiently
  • remedy trade surpluses.
  • direct
What can be a result of free trade? Check all that apply.
  • to monitor trade policies of many countries
  • enforcing conditions of trade agreements
  • trade imbalanceslower economic growthexploitation of workers
  • trade for necessary goods.
International trade organizations promote free trade by encouraging countries to
  • remedy trade surpluses.
  • trade for necessary goods.
  • create a common market.
  • to reduce tariffs
A specific territory or zone that has laws and regulations different from the rest of the country is called a(n)
  • efficiently
  • economic zone.
  • to reduce tariffs
  • remedy trade surpluses.
Why were free trade zones created in China?
  • a regional organization promoting growth in Southeast Asia
  • access tariff rates when planning to export.
  • to attract investments by foreign countries
  • to monitor trade policies of many countries
How do trade agreements of international organizations affect trade?
  • by encouraging countries to balance imports and exports
  • trade imbalanceslower economic growthexploitation of workers
  • enforcing conditions of trade agreements
  • to monitor trade policies of many countries
What is the main role of the US Import Administration?
  • enforcing conditions of trade agreements
  • by encouraging countries to balance imports and exports
  • trade imbalanceslower economic growthexploitation of workers
  • to monitor trade policies of many countries
What did President Ronald Reagan believe about economic growth?
  • Free trade must be carefully monitored.
  • Increased production and fair trade would help the economy.
  • World Trade Organization
  • Association of Southeast Asian Nations
Which best describes ASEAN?
  • to attract investments by foreign countries
  • trade imbalanceslower economic growthexploitation of workers
  • access tariff rates when planning to export.
  • a regional organization promoting growth in Southeast Asia
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Multiple Choice Questions
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