MODULE 3: International Cooperation Review #1

General Agreement on Tariffs and Trade was replaced by (a)   .

• GATT

• WTO

• NAFTA

• MFN

This organization is the largest international economic organization in the world.

• GATT

• WTO

• NAFTA

• MFN

__________ requires that any preferential treatment granted to one country must be extended to all countries.

• Most Favored Nation

• National Treatment

• Trade Agreement

• Tariff

A (a)   is a tax imposed by a government on imports or exports of goods.

• Tariff

• Quota

• Subsidy

• Embargo

Agreements among countries in a geographic region to reduce tariff and non-tariff barriers to the free flow of goods, services, and factors of production between each other.

• MFN

• Tariff

• Regional Economic Integration

• Free Trade Area

NAFTA would be an example of a (a)   .

• MFN

• Tariff

• Regional Economic Integration

• Free Trade Area

North American Free Trade Agreement (NAFTA) today has been renegotiated and replaced with the:

WHO facilitates cooperation among countries around their shared challenges and concerns to achieve public health solutions.

• True

• False

The (a)   is an intergovernmental organization that aims to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a center for harmonizing the actions of nations.

• The Caribbean Basin Initiative (CBI)

• World Health Organization (WHO)

• United Nations (UN)

• North American Free Trade Agreement (NAFTA)

10. (a)   is relevant because it is considered to contribute to an individual's quality of life

• Standard of Living
• Relevance

• Contribution

• Individual