The institutional framework developed in 1947 to promote trade liberalization is known sa?
A. the WTO
B. the GATT
C. the IMF
D. the World Bank
A. the WTO
B. the GATT
C. the IMF
D. the World Bank
A. Nontariff barriers (NTBs) and tariffs have increased in relative importance
B. NTBs and tariffs have decreased in relative importance
C. NTBs have increased and tariffs have decreased in relative importance
D. NTBs have decreased and tariffs have increased in relative importance
During the post-world War II era? Read More »
Economics Mcqs, Trade Regulations And Industrial Policies A. U.S grains consumers and producers of bread
B. U.S farmers and grains companies
C. Grain Producers in foreign countries
D. Grain consumers in foreign countries
Referring to the above, the embargo was mainly resisted by ? Read More »
Economics Mcqs, Trade Regulations And Industrial Policies A. are prohibited by the World Trade Organization
B. affect international trade but not international financial flows
C. involve restrictions on imports, but not exports
D. involve restrictions in imports exports and or financial flows
Economic sanctions? Read More »
Economics Mcqs, Trade Regulations And Industrial Policies A. have tariff rates equal to zero suggesting a free trade policy for the United States
B. have lower tariff rates than the rates that apply to any other country sending goods to the United States
C. have tariff rates that are identical to the rates that apply to other countries to which the U.S grants most-favored nation treatment
D. have lower tariff rates than the rates that apply to other countries to which the U.S grants most favored nation treatment
A. World Bank
B. International Trade Commission
C. Department of justice
D. World Trade Organization
A. Kennedy Round of 1964-1967
B. Tokyo Round of 1973-1979
C. Uruguay Round of 1986-1993
D. Doha Round of 2003-2007
A. embargoes
B. tariff-rate quotas
C. voluntary export restraints
D. nontariff barriers
________ are quotas that result in a total prohibition of trade? Read More »
Economics Mcqs, Trade Regulations And Industrial Policies A. increase
B. decrease
C. not change
D. None of These
A. Canada
B. Australia
C. Japan
D. China