Trade Agreements
Which group works to help members establish internal political stability?
Association of Southeast Asian Nations
With which statement would President Bill Clinton most likely have agreed?
Free trade must be carefully monitored.
What did President Ronald Reagan believe about economic growth?
Increased production and fair trade would help the economy.
Which group primarily helps settle trade disputes?
World Trade Organization
Which best describes ASEAN?
a regional organization promoting growth in Southeast Asia
The Free Trade Agreement Tariff Tool allows US businesses to
access tariff rates when planning to export.
How do trade agreements of international organizations affect trade?
by encouraging countries to balance imports and exports
One primary purpose of the European Union is to
create a common market.
The simplest form of a trade agreement is a ... agreement created between two countries.
direct
A specific territory or zone that has laws and regulations different from the rest of the country is called a(n)
economic zone.
Trade agreements can cause jobs to go to countries that provide those jobs
efficiently
What is the main role of the US Import Administration?
enforcing conditions of trade agreements
International trade organizations promote free trade by encouraging countries to
remedy trade surpluses.
Why were free trade zones created in China?
to attract investments by foreign countries
What is one stated purpose of the World Trade Organization?
to monitor trade policies of many countries
Why do countries most often create trade agreements?
to reduce tariffs
Trade agreements are helpful because they allow countries to
trade for necessary goods.
What can be a result of free trade? Check all that apply.
trade imbalances lower economic growth exploitation of workers