Question 1

The European Union is a unique economic integration arrangement because it includes common _______________________ and fiscal policies between countries.

Accepted Answer

The answer of The European Union is a unique economic...

Question 2

_______________________________ incorporates labor,environmental,public health,and other standard into trade agreements.

Accepted Answer

The answer of _______________________________ incorporates labor,environmental,public health,and other standard into...

Question 3

The _______________________________ is an international organization of countries that provides a forum for negotiating and enforcing global trade agreements.

Accepted Answer

The answer of The _______________________________ is an international organization of...

Question 4

The NAALC relies on _______________________________________ to promote compliance with each country's existing laws.

Accepted Answer

The answer of The NAALC relies on _______________________________________ to promote...

Question 5

_______________________________ occurs when all trade barriers between countries are removed to allow consumers and produces to benefit from specialization and economies of scale.

Accepted Answer

The answer of _______________________________ occurs when all trade barriers between...

Question 6

A _______________________________ is a Mexican factory that assembles U.S.components for export to the United States.

Accepted Answer

The answer of A _______________________________ is a Mexican factory that...

Question 7

The ILO's Declaration on Fundamental Principles and Rights at Work establishes a set of _______________________________ that include freedom of association and collective bargaining,the abolition of forced labor,no discrimination in employment,and the elimination of child labor.

Accepted Answer

The answer of The ILO's Declaration on Fundamental Principles and...

Question 8

An international trading system allows for reciprocal ___________________________.

Accepted Answer

The answer of An international trading system allows for reciprocal...

Question 9

_______________________________ occurs when a foreign competitor is able to unfairly sell goods or services at a lower price than domestic producers by taking advantage of lower labor or environmental standards.

Accepted Answer

The answer of _______________________________ occurs when a foreign competitor is...

Question 10

The _______________________________ is a trade agreement between Mexico,the U.S. ,and Canada that removes tariffs and other barriers to trade.

Accepted Answer

The answer of The _______________________________ is a trade agreement between...

Question 11

The _______________________________ is a free trade area that includes free capital and labor mobility as well as common monetary and fiscal policies for member countries in Europe.

Accepted Answer

The answer of The _______________________________ is a free trade area...

Question 12

Compliance with the standards set by the NAALC depends on adverse publicity that stems from the NAALC's public proceedings is sometimes called the _______________________________ aspect of the NAALC.

Accepted Answer

The answer of Compliance with the standards set by the...

Question 13

Most NAALC complaints have been filed against companies headquartered in _________________________.

Accepted Answer

The answer of Most NAALC complaints have been filed against...

Question 14

The _______________________________ was an international agreement among 109 signatory countries to reduce tariffs on specific products.

Accepted Answer

The answer of The _______________________________ was an international agreement among...

Question 15

The _______________________________ consists of representatives from member countries of the European Union that acts as an executive body and drafts legislation.

Accepted Answer

The answer of The _______________________________ consists of representatives from member...

Question 16

The _______________________________ is a specialized agency of the United Nations focused on promoting social justice and internationally recognized human and labor rights.

Accepted Answer

The answer of The _______________________________ is a specialized agency of...

Question 17

NAFTA includes a side agreement known as _______________________________ that seeks to protect workers by promoting union representation,nondiscrimination,equal pay,minimum wages,and workplace safety.

Accepted Answer

The answer of NAFTA includes a side agreement known as...

Question 18

_______________________________ include quotas,domestic subsidies,discriminatory government procurement policies,and regulations such as import licensing and product standards.

Accepted Answer

The answer of _______________________________ include quotas,domestic subsidies,discriminatory government procurement policies,and...

Question 19

A _______________________________ is a country's unique ability to excel in the production of a particular good (or service)due to its proximity to natural resources or greater expertise.

Accepted Answer

The answer of A _______________________________ is a country's unique ability...

Question 20

The primary methods to achieve European unification and integration have been _____________________________________ rather than political.

Accepted Answer

The answer of The primary methods to achieve European unification...

Quiz 11: Globalization