International Trade Agreements
5 Questions
| Attempts: 347
This quiz is based on trade agreements, the different trade agreements and there effects on the agriculture sector and people of the caribbean.
Questions and Answers
- 1.
This world organization monitors trade and resolves disputes.
- A.
WTO
- B.
GSP
- C.
WORLD BANK
- D.
UNCTAD
Correct Answer
A. WTO -
- 2.
This kind of economic cooperation makes it necessary for a foreign firm to enter a member country with the least non tariff restrictions.
- A.
Free trade area
- B.
Custom union
- C.
Common market
- D.
Political union
Correct Answer
A. Free trade area -
- 3.
NAFTA represents this type of econonmic cooperation.
- A.
Custom union
- B.
Free trade area
- C.
Common market
- D.
Political union
Correct Answer
B. Free trade area -
- 4.
Taxes levied on imports into a country are called:
- A.
Tariffs
- B.
Quotas
- C.
Duties
- D.
Barriers
Correct Answer
A. Tariffs -
- 5.
Whats is CSME? discuss its impact on the agriculture sector in Jamaica.
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Current Version
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Mar 19, 2022Quiz Edited by
ProProfs Editorial Team -
Nov 02, 2010Quiz Created by
Asante_aisha
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