True of the world trade organization

Assignment Help Operation Management

Reference no: EM131791714

1) Walmart's decision to suspend its planned expansion into India's huge but fragmented retail market due to obstacles put in place by the host nation to protect its mom-and-pop retailers is an example of ________.

A) tariffs

B) excise duties

C) quotas

D) nontariff trade barriers

E) exchange controls

2) Which of the following is true of the World Trade Organization (WTO)?

A) It was replaced by the GATT in 1995.

B) It increases tariffs and other international trade barriers.

C) It lacks the power to impose international trade sanctions.

D) It restricts the maximum number of member nations to 100.

E) It mediates global trade disputes.

Reference no: EM131791714

Questions Cloud

Offers wide variety of backpacks for direct purchase : Backpacks Galore has an online tool that offers a wide variety of backpacks for direct purchase.

Critics charge that high advertising and promotion costs : Critics charge that high advertising and promotion costs unnecessarily increase retail prices. Marketers most likely respond to this criticism by arguing.

Used to force favorable trade behaviors from other nations : Tariffs and duties are often used to force favorable trade behaviors from other nations.

Promoting product gamma-what is the total profit : The company spends $6000 for promoting product Alpha, $9000 for promoting product Beta, and $10,000 for promoting product Gamma. What is the total profit?

True of the world trade organization : Which of the following is true of the World Trade Organization (WTO)?

Primary purpose of branded community web sites : Which of the following is the primary purpose of branded community Web sites?

Most likely true of global firm : Which of the following is most likely true of a global firm?

Statements is true of industrial economies : Which of the following statements is true of industrial economies?

Designed to raise revenue or protect domestic firms : A tax on an imported product designed to raise revenue or protect domestic firms is referred to as a(n) ________.

User Account

All Pages