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Transportation and International Planning

Description: This quiz aims to test your knowledge of Transportation and International Planning, covering various aspects of transportation systems, international trade, and their impact on economic development and global connectivity.
Number of Questions: 14
Created by:
Tags: transportation economics international planning trade and development infrastructure
Attempted 0/14 Correct 0 Score 0

Which of the following is NOT a mode of transportation?

  1. Road

  2. Rail

  3. Air

  4. Water

  5. Pipeline


Correct Option: E
Explanation:

Pipelines are used to transport fluids, such as oil, gas, and water, and are not considered a mode of transportation in the traditional sense.

The term (BRT) stands for:

  1. Bus Rapid Transit

  2. Bus Rapid Transportation

  3. Bus Rapid Tram

  4. Bus Rapid Train


Correct Option: A
Explanation:

BRT is a high-capacity public transportation system that uses dedicated lanes, stations, and buses to provide fast and efficient service.

Which international organization is responsible for regulating air transport?

  1. World Trade Organization (WTO)

  2. International Monetary Fund (IMF)

  3. International Civil Aviation Organization (ICAO)

  4. World Bank


Correct Option: C
Explanation:

ICAO is a specialized agency of the United Nations that sets standards and regulations for international air transport.

The concept of (Just-in-Time) (JIT) inventory management is closely associated with:

  1. Lean Manufacturing

  2. Mass Production

  3. Fordism

  4. Scientific Management


Correct Option: A
Explanation:

JIT is a key element of lean manufacturing, which aims to minimize waste and improve efficiency by reducing inventory levels and optimizing production processes.

The (NAFTA) agreement was primarily aimed at:

  1. Reducing tariffs and trade barriers between the United States, Canada, and Mexico

  2. Promoting economic cooperation and development in the Asia-Pacific region

  3. Establishing a common currency and economic union in Europe

  4. Creating a free trade area among South American countries


Correct Option: A
Explanation:

NAFTA, or the North American Free Trade Agreement, was established to eliminate tariffs and other trade barriers between the United States, Canada, and Mexico.

Which of the following is NOT a major type of international trade barrier?

  1. Tariffs

  2. Quotas

  3. Subsidies

  4. Embargoes


Correct Option: C
Explanation:

Subsidies are government financial assistance provided to domestic industries, which can distort trade by giving domestic producers an unfair advantage over foreign competitors.

The (WTO) dispute settlement mechanism is based on the principle of:

  1. Binding arbitration

  2. Mediation

  3. Litigation

  4. Negotiation


Correct Option: A
Explanation:

The WTO dispute settlement mechanism is based on the principle of binding arbitration, where a panel of experts adjudicates disputes and its decisions are legally binding on the parties involved.

The (World Bank) and (IMF) are primarily involved in:

  1. Promoting economic development and poverty reduction

  2. Regulating international trade and investment

  3. Setting standards for international air transport

  4. Coordinating global monetary and financial policies


Correct Option: A
Explanation:

The World Bank and IMF are international financial institutions that provide loans, technical assistance, and policy advice to developing countries to support economic development and poverty reduction.

The (UNCTAD) is an acronym for:

  1. United Nations Conference on Trade and Development

  2. United Nations Commission on Trade and Development

  3. United Nations Council on Trade and Development

  4. United Nations Committee on Trade and Development


Correct Option: A
Explanation:

UNCTAD is a permanent intergovernmental body established by the United Nations General Assembly to promote international trade and development.

Which of the following is NOT a major mode of international transportation?

  1. Shipping

  2. Airfreight

  3. Rail

  4. Road


Correct Option: C
Explanation:

Rail transportation is primarily used for domestic and regional transportation, while shipping, airfreight, and road transportation are commonly used for international trade.

The (GATT) agreement was primarily aimed at:

  1. Reducing tariffs and trade barriers among member countries

  2. Promoting economic cooperation and development in the Asia-Pacific region

  3. Establishing a common currency and economic union in Europe

  4. Creating a free trade area among South American countries


Correct Option: A
Explanation:

GATT, or the General Agreement on Tariffs and Trade, was an international agreement aimed at reducing tariffs and other trade barriers among its member countries.

The (EU) is an example of:

  1. A free trade area

  2. A customs union

  3. A common market

  4. An economic and monetary union


Correct Option: D
Explanation:

The European Union (EU) is an economic and political union of 27 member states that have agreed to a common economic and monetary policy, with a single currency (the euro) and a common market.

The (APEC) forum is primarily focused on:

  1. Promoting economic cooperation and development in the Asia-Pacific region

  2. Reducing tariffs and trade barriers among member countries

  3. Establishing a common currency and economic union in Europe

  4. Creating a free trade area among South American countries


Correct Option: A
Explanation:

APEC, or the Asia-Pacific Economic Cooperation forum, is a regional economic forum aimed at promoting economic cooperation and development among its member economies in the Asia-Pacific region.

The (OECD) is an acronym for:

  1. Organization for Economic Cooperation and Development

  2. Organization for European Cooperation and Development

  3. Organization for International Cooperation and Development

  4. Organization for Global Cooperation and Development


Correct Option: A
Explanation:

OECD is an intergovernmental economic organization with 38 member countries that promotes economic cooperation and development among industrialized countries.

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