Global Economic Policy Answers

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1
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A potential negative result of trade agreements is

A
protectionism.
B
sanctions.
C
job loss.
D
higher tariffs.
2
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When engaging in foreign economic policy, which part of the government negotiates treaties?

t
the president
t
the senate
t
the house of representatives
t
the ambassadors
3

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

A
supporting its industries.
B
easing sanctions.
C
eliminating tariffs.
D
signing a trade agreement.
4

Economic sanctions are mainly used to

A
protect domestic industries from international competitors.
B
help domestic industries gain more business.
C
punish nations for disobeying international law.
D
encourage nations to give up their nuclear weapons.
5

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

A
economic sanctions.
B
reduced international trade.
C
ongoing civil war.
D
increased competition.
6

How would the United States most likely encourage another nation to eliminate restrictive human rights policies?

A
by imposing tariffs on the nation’s goods
B
by imposing economic sanctions against the nation
C
by threatening military action against the nation
D
by encouraging the nation to enter into a free trade agreement
7

A result of US foreign aid in Sudan was

A
better relations with its neighbors.
B
the creation of South Sudan.
C
lower prices for US goods in Sudan.
D
higher prices for Sudanese goods in the United States.
8

A positive result of trade agreements such as NAFTA and the EU is

A
fewer sanctions against developing economies.
B
more economic rights for citizens.
C
more support for domestic companies.
D
fewer competitors in the global economy.

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Global Economic Policy Answers — AL-United…