Global Economic Policy example #21352

22 January 2023
4.4 (212 reviews)
10 test answers

Unlock all answers in this set

Unlock answers (6)
question
Compared with protectionism, an opposing goal of economic foreign policy is
answer
c. free trade
question
The WTO was created
answer
d. to help international trade run smoothly.
question
A way that the United States began its policy of providing aid to Sudan was by
answer
b. easing sanctions.
question
A potential negative result of trade agreements is
answer
c. job loss.
question
How would a nation most likely try to limit inexpensive cars from being imported?
answer
b. by imposing tariffs on the cars at the border
question
Which describes the role that economic foreign policy plays in the global economy?
answer
a. It addresses trade and commerce between nations.
question
The best example of US foreign aid is
answer
b. military training
question
A tariff is another name for
answer
b. a tax on imports
question
Economic sanctions are mainly used to
answer
c. punish nations for disobeying international law.
question
____________ allows goods and services flow more freely across the borders of the US, Canada, and Mexico.
answer
NAFTA