Answers25-26 FL-2106320-United States Government HonorsGlobal Economic Policy

Global Economic Policy Answers

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1
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A tariff is another name for

A
an economic sanction.
B
a tax on imports.
C
a policy goal.
D
a trade agreement.
2
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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.
3

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.
4

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.
5

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

A
NAFTA eliminated tariffs and united the United States economically with its two closest neighbors.
B
NAFTA eliminated tariffs and gave the United States an economic advantage over its two closest neighbors.
C
NAFTA eliminated tariffs and allowed the United States to keep pace economically with its two closest neighbors.
D
NAFTA eliminated tariffs and allowed the United States to control trade with its two closest neighbors.
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

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
8

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
9

Economic sanctions against foreign governments sometimes

A
hurt foreign citizens.
B
lead to civil wars.
C
hurt the UN.
D
violate international law.
10

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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