Trade and Development
Description: This quiz covers the topic of Trade and Development, exploring the relationship between international trade and economic development. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: international trade economic development trade policy |
What is the primary objective of trade policy in developing countries?
Which theory suggests that free trade leads to specialization and increased productivity?
What is the concept of 'infant industry protection' in trade policy?
What is the main goal of the World Trade Organization (WTO)?
Which trade agreement established a free trade area between the United States, Canada, and Mexico?
What is the term used to describe the movement of jobs from developed countries to developing countries in search of lower labor costs?
Which trade policy involves imposing tariffs or quotas on imported goods to protect domestic industries?
What is the term used to describe the process of countries becoming more interconnected and interdependent through trade and investment?
Which international organization provides financial assistance to developing countries for economic development projects?
What is the term used to describe the difference between a country's exports and imports?
Which trade policy involves temporarily reducing or eliminating tariffs on imported goods to stimulate economic activity?
What is the term used to describe the practice of imposing restrictions on the export of certain goods or technologies to protect national security or economic interests?
Which trade agreement established a free trade area between the European Union and the United Kingdom?
What is the term used to describe the process of countries adopting similar trade policies, regulations, and standards to facilitate trade and investment?
Which trade policy involves providing financial assistance or other incentives to domestic industries to encourage them to export their products?