Trade Agreements — Unit test Answers

Globalization is the process of

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A reason that countries trade with each other is

Which statements best explain how globalization offers an advantage to businesses? Choose four answers.Businesses can take advantage of favorable laws to make products cheaply.Businesses can take advantage of favorable taxes to make products cheaply.Businesses can take advantage of new forms of technology to make products cheaply.Businesses can take advantage of new forms of democracy to make products cheaply.Businesses can take advantage of faster technology to make products faster.

What are standards designed to do? Check all that apply.protect consumerssupport domestic industrieslimit importsensure safetyoffer domestic industries an advantage

What is a benefit associated with free trade?

Why might a country choose to devalue its currency?

Which process helps countries import things they cannot make while allowing them to specialize in exports?

What should be included in an outline for an informative essay? Check all that apply.a thesis statementa final opinionseveral subtopicsparenthetical citationssecondary sources

What should be included in an informative essay? Check all that apply.properly cited sourcesemotional languageparenthetical citationssmooth transitionssupporting details