Global Economic Policy Answers

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

A
the president
B
the senate
C
the house of representatives
D
the ambassadors
2
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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.
3

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.
4

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
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

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.

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Global Economic Policy Answers — 2026-2027…