Module 3

Sub-Saharan Africa is home to __________ of the top-ten fastest-growing economies in the world.

7

Which U.S. government export assistance program facilitates advocacy to assist U.S. firms competing for major projects and procurement worldwide?

Advocacy center

A document issued by a transport carrier to an exporter to prove that merchandise has been shipped:

Bill of Lading

United States best trading partners:

Canada and Mexico

What is the main function of the Export-Import Bank of the United States?

Finance Exports of American Firms

Which of the following banks specifically makes short-term loans to developing countries experiencing balance-of-payment deficits?

IMF

A firm that operates on a worldwide scale without ties to any specific nation or region is known as a:

Multinational Enterprise

Which of the following U.S. government export assistance programs offers assistance and information to exporters through its domestic and overseas commercial officers?

ITA

Who supports multilateral development banks (MDB)?

Industrialized Nations

A contractual agreement in which one firm permits another to produce and market its product and use its brand name in return for a royalty or other compensation is known as:

License

What is the famous principle of the General Agreement on Tariffs and Trade (GATT), which means that each member nation is to be treated equally by all contracting nations?

MFN

Which of the following agreements, when ratified, created a free trade area among the United States, Mexico, and Canada?

NAFTA

Which organization or U.S. government export program publishes guides that offer assistance and exporting information to small and medium-sized companies?

Small Business Administration

The organization established by the Uruguay Round of the GATT, whose purpose is to mediate trade disputes among nations is called:

WTO