Reference no: EM132230992
1. Which of the following is a major participant in the foreign exchange market?
a. International businesses
b. Stockbrokers
c. Governments
d. Central bank
2. Which of the following groups is thought by experts to benefit from the imposition of tariffs?
a. Producers and foreign competitors.
b. Government and producers.
c. Consumers and trade associations.
d. Exporters and importers.
3. Which political ideology is most widely used today?
a. The radical view
b. The free market view
c. Communism
d. Pragmatic nationalism
4. Which of the following has taken over responsibility to arbitrate trade disputes and monitor the trade policies of member countries and resulted because of the Uruguay Round agreement?
a. Global Commerce Authority
b. United Trade Authority
c. World Trade Organization
d. International Trade Authority
5. Which of the following groups is thought by experts to benefit from the imposition of tariffs?
a. Exporters and importers.
b. Government and producers.
c. Producers and foreign competitors.
d. Consumers and trade associations.