Wednesday, February 10, 2016

ITB 305 WEEK 7 QUIZ NEW


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ITB 305 Week 7 Quiz New
1. Which of the following is an example of a customs union?
2. Which of the NAFTA members benefited the most from this free trade agreement by securing preferential treatment for 80% of its exports?
3. Which one of the following was agreed upon and launched at the end of the Uruguay Round trade talks?
4. The EU became an economic union when they ____ went into effect in 1993.
5. Countries benefit from global economic integration politically and economically. Which of the following is an example of a political benefit?
6. Which of the following regional integrations is more pro-free trade oriented than others?
7. At present, ____ of the ____ EU member countries are in the Schengen zone.
8. Which of the following is the economic trade agreement between Australia and New Zealand?
9. Which of the following regional integration is yet to be established?
10. In a(n) ____, members coordinate and harmonize monetary, fiscal, and taxation policies.
11. Efforts to reduce trade and investment barriers within one region refer to:
12. Which of the following is NOT a benefit of adopting the euro?
13. Which one of the following was NOT part of the agenda of the Doha round?
14. The most (in)famous loophole in merchandise trade created through GATT was:
15. A(n) ____ union represents complete integration of all public affairs within a region.


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