Global Economic Policy

19 October 2022
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10 test answers

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question
Which most likely explains why the United States joined NAFTA in 1993? NAFTA eliminated tariffs and united the United States economically with its two closest neighbors. NAFTA eliminated tariffs and gave the United States an economic advantage over its two closest neighbors. NAFTA eliminated tariffs and allowed the United States to keep pace economically with its two closest neighbors. NAFTA eliminated tariffs and allowed the United States to control trade with its two closest neighbors.
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NAFTA eliminated tariffs and united the United States economically with its two closest neighbors.
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A negative result of high tariffs is that they can sometimes lead to economic sanctions. reduced international trade. ongoing civil war. increased competition.
answer
reduced international trade.
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NAFTA/the EU/the UN/AUSFTA allows goods and services flow more freely across the borders of the US, Canada, and Mexico.
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NAFTA
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Economic sanctions against foreign governments sometimes hurt foreign citizens. lead to civil wars. hurt the UN. violate international law.
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hurt foreign citizens.
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Which of these is not a tool the United States uses as part of its economic foreign policy? Military action against competitors Negotiating or joining trade agreements Providing foreign aid to struggling countries Using sanctions to restrict trade
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Military action against competitors
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One goal of US economic sanctions against North Korea would be democratic change leading to humanitarian aid. better relations with neighboring countries. democratic change leading to a new nation. better standards of living for its citizens.
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better relations with neighboring countries.
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A potential negative result of trade agreements is protectionism. sanctions. job loss. higher tariffs.
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job loss.
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One example of US foreign aid is economic sanctions. military training. low tariffs. free trade.
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military training.
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A way that the United States began its policy of providing aid to Sudan was by supporting its industries. easing sanctions. eliminating tariffs. signing a trade agreement.
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easing sanctions.
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How do the United States and other countries implement economic foreign policy? Check all that apply. imposing tariffs offering economic rights imposing economic sanctions passing legislation to approve treaties signing trade agreements offering military aid
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imposing tariffs imposing economic sanctions signing trade agreements offering military aid