Global Economic Policy Answers

10 verified answers
1
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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.
2
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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.
3

One example of US foreign aid is

A
economic sanctions.
B
military training.
C
low tariffs.
D
free trade.
4

A potential negative result of trade agreements is

A
protectionism.
B
sanctions.
C
job loss.
D
higher tariffs.
5

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.
6

A tariff is another name for

a
an economic sanction.
a
a tax on imports.
a
a policy goal.
a
a trade agreement.
7

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
8

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
9

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
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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