Acuerdos y Tratados 2ndo Parcial

The main objective of the ITC (International Trade Center) has been to help companies in developing countries become more competitive in world markets, accelerate economic development.

• True

• False

It includes the reciprocal reduction of indiscriminate trade barriers; it also includes the establishment by a group of nations of regional trade agreements.

• Economic integration

• trade liberalization

• common market

• none of the above mentioned

It is the process of eliminating restrictions on international trade, payments and the mobility of the input factor:

• Common Market

• Economic integration

• trade liberalization

• Regional trade agreement

It is calculated on the basis of a “fair comparison” between normal value (the price of the imported product in the “ordinary course of trade” in the country of origin or export) and export price (the price of the product in the country of import). Article 2 contains detailed provisions governing the calculation of normal value and export price, and elements of the fair comparison that must be made.

Is the only global international organization dealing with the rules of trade between nations. And its purpose is to help producers of goods and services, exporters and importers conduct their business.

liberalism was born as a response, also, to an increasingly present commercialism, as well as a protectionism that was sowing tensions between the different kings.

• True

• False

is a phenomenon based on the continuous increase in the interconnection between the different nations of the world on the economic, political, social and technological levels.

As for the consequences, globalization has improved the quality of life of the planet's inhabitants because it has facilitated access to many goods and services. Although it is true, it has also generated situations of companies with a very large market power and that suffocate small businesses.

• True

• False

It was the first regulatory framework available to the international economy to reduce obstacles to international exchanges, and the basis for the negotiation of multilateral trade agreements

• WTO (World Trade Organization)

• ITC (International Trade Center)

• GATT (General Agreement on Tariffs and Trade)

• None above mentioned

It establishes, each contracting party must treat all contracting parties in the same way. This is the fundamental principle of GATT it is nor a coincidence that, it appears in article1 of GATT, 1947.

• Transparency

• Most favored Nation

• Reduction of Tariffs

• None above mentioned