Global Economic Policy Answers

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1
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Compared with protectionism, an opposing goal of economic foreign policy is

A
sanctions.
B
tariffs.
C
free trade.
D
self-sufficiency.
2
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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
3

A tariff is another name for

A
an economic sanction.
B
a tax on imports.
C
a policy goal.
D
a trade agreement.
4

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.
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

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.
7

One way the president can influence economic foreign policy is by

A
controlling funding of economic programs.
B
passing legislation that supports his goals.
C
appointing ambassadors supportive of his goals.
D
rejecting treaties that the senate has negotiated.
8

How would a nation most likely try to limit inexpensive cars from being imported?

A
by imposing sanctions against the country where the cars are made
B
by imposing tariffs on the cars at the border
C
by entering into a free trade agreement such as NAFTA
D
by withholding aid from the country where the cars are made
9

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.
10

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.

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