Trade Agreements – Flashcards
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Which group primarily helps settle trade disputes?
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World Trade Organization
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How can a nation benefit from effectively exporting its goods?
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Its businesses can invest in the future.
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With which statement would President Bill Clinton most likely have agreed?
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Free trade must be carefully monitored.
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Trade agreements can cause jobs to go to countries that provide those jobs
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efficiently.
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International trade organizations promote free trade by encouraging countries to
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remedy trade surpluses.
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The Free Trade Agreement Tariff Tool allows US businesses to
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access tariff rates when planning to export.
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The simplest form of a trade agreement is a
___ agreement created between two countries.
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direct
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Which group works to help members establish internal political stability?
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Association of Southeast Asian Nations
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Why were free trade zones created in China?
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to attract investments by foreign countries
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What can be a result of free trade? Check all that apply.
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trade imbalances
increased pollution
exploitation of workers
new opportunities
