Global Economic Policy Answers

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1
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In which of the following elements of economic foreign policy can congress participate?

A
negotiating a trade agreement
B
appointing new ambassadors
C
overseeing embassy operations
D
approving aid to another country
2
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One goal of US economic sanctions against North Korea would be

A
democratic change leading to humanitarian aid.
B
better relations with neighboring countries.
C
democratic change leading to a new nation.
D
better standards of living for its citizens.
3

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

A
the president
B
the senate
C
the house of representatives
D
the ambassadors
4

One example of US foreign aid is

A
economic sanctions.
B
military training.
C
low tariffs.
D
free trade.
5

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

A
Military action against competitors
B
Negotiating or joining trade agreements
C
Providing foreign aid to struggling countries
D
Using sanctions to restrict trade
6

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.
7

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.
8

A tariff is another name for

A
an economic sanction.
B
a tax on imports.
C
a policy goal.
D
a trade agreement.
9

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.
10

The WTO was created

A
to end tariffs on goods traded with Canada.
B
to end tariffs on goods traded with Mexico.
C
to unify the currencies of European countries.
D
to help international trade run smoothly.

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