Global Economic Policy

Question 1

A negative result of high tariffs is that they can sometimes lead to

Revolt · Accepted Answer

reduced international trade.

Question 2

In which of the following elements of economic foreign policy can congress participate?

Revolt · Accepted Answer

approving aid to another country

Question 3

When engaging in foreign economic policy, which part of the government negotiates treaties?

Revolt · Accepted Answer

the president

Question 4

A potential negative result of trade agreements is

Revolt · Accepted Answer

job loss.

Question 5

Which of these is not a tool the United States uses as part of its economic foreign policy?

Revolt · Accepted Answer

Military action against competitors

Question 6

A way that the United States began its policy of providing aid to Sudan was by

Revolt · Accepted Answer

easing sanctions.

Question 7

Economic sanctions are mainly used to

Revolt · Accepted Answer

punish nations for disobeying international law.

Question 8

The WTO was created

Revolt · Accepted Answer

to help international trade run smoothly.

Question 9

Which most likely explains why the United States joined NAFTA in 1993?

Revolt · Accepted Answer

NAFTA eliminated tariffs and united the United States economically with its two closest neighbors.

Question 10

One example of US foreign aid is

Revolt · Accepted Answer

military training.

Global Economic Policy Answers