Global Economic Policy Answers

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1
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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
2
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A negative result of high tariffs is that they can sometimes lead to

A
economic sanctions.
B
reduced international trade.
C
ongoing civil war.
D
increased competition.
3

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.
4

A potential negative result of trade agreements is

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

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.
6

Economic sanctions against foreign governments sometimes

A
hurt foreign citizens.
B
lead to civil wars.
C
hurt the UN.
D
violate international law.
7

One example of US foreign aid is

A
economic sanctions.
B
military training.
C
low tariffs.
D
free trade.
8

A result of US foreign aid in Sudan was

A
better relations with its neighbors.
B
the creation of South Sudan.
C
lower prices for US goods in Sudan.
D
higher prices for Sudanese goods in the United States.
9

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
10

One way the president can influence economic foreign policy is by

A
controlling funding of economic programs.
B
passing legislation that supports his goals.
C
appointing ambassadors supportive of his goals.
D
rejecting treaties that the senate has negotiated.

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Global Economic Policy Answers — WA-Washington…