The Purpose of the World Trade Organization (Wto)is to
The purpose of the World Trade Organization (WTO)is to
A)Enforce the rules of free trade.
B)Protect workers from foreign competition.
C)Protect producers from foreign competition.
D)Ensure that there are no losers as a result of free trade.
If exports are being excluded unfairly from a market,the World Trade Organization (WTO)may authorize
C)Other nontariff barriers.
D)Retaliatory comparative advantages.
The primary purpose of NAFTA is to
A)Encourage the development of the Mexican and Canadian economies at the expense of U.S.workers and consumers.
B)Protect U.S.and Canadian workers from unfair competition from Mexico.
C)Increase income in Mexico,Canada,and the United States by encouraging free trade.
D)Ensure that there are no losers as the result of trade agreements between Mexico,Canada,and the United States.
Overall NAFTA has resulted in
A)Massive unemployment and recessions.
B)Accelerated economic growth and reduced inflationary pressures in Canada,Mexico,and the United States.
C)Increased economic growth and employment in Mexico at the expense of the United States.
D)Very little change in any of the three countries.