Exam 2: Trade and Investment

_____________ laws are designed to help domestic industries that are injured by competition from abroad due to imported products being sold at low prices.

_______ are taxes on imported goods and services,instituted by governments as a means to raise revenue and as barriers to trade.

While the United States finds the use of growth hormones in beef cattle to be harmless to humans,many Europeans find them scary. As a result,the European Union restricts imports of American beef that contains growth hormones. This example demonstrates that:

Foreign direct investment is closely linked to:

Charged with dealing with balance of payment problems,the __________ is a specialized agency of the United Nations established in 1944.

_________ are taxes on imported goods and services,instituted by governments as a means to raise revenue and as barriers to trade.

The World Bank successfully met its goal of aiding the reconstruction of Europe but has been less successful in furthering the economic goals of the developing world and the newly emerging market economies in the former Soviet bloc.

The IMF is an international financial institution that deals with balance of payment issues on an international level.

Legal rights resulting from industrial,scientific,literary,or artistic activity are referred to as international patent rights.

___________ is the supreme right of nations to determine national policies.

Even though the __________ incorporated many farsighted notions,most nations refused to ratify its provisions. As a result,it was never implemented.

As a result of the global financial crisis that began in 2007,the G-20 nations are working to broaden involvement to all nations. This shows that one of the lasting developments of the global financial crisis will be:

The __________ is an international financial institution created to facilitate trade.

Juan is an international business person who has become frustrated with the fact that in recent years,international trade organizations have been vetoing policy measures that would benefit his company and the local area. Instead,decisions are made based on worldwide influences. Juan's frustration highlights which significant change that has recently occurred in the global policy environment?

Which of the following is a federal committee that is responsible for reviewing major foreign investments to determine whether national security or related concerns are at stake?

The three major changes that have occurred over time in the global policy environment include a weakening of the traditional international institutions,a reduction of domestic policy influence,and:

More recently,a key focus of the WTO is in:

The ___________ refers to a migration of professional people from one country to another,usually for the purpose of improving their incomes or living conditions.

Which round of WTO negotiations began in 2001?

___________ is the level of material affluence of a group or nation,measured as a composite of quantities and qualities of goods.