Boris Johnson: We have settled the question of sovereign authority
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main theme discussed in the first section of the transcript?
The role of the World Trade Organization.
The importance of global free trade.
The economic theories of Adam Smith and David Ricardo.
The resolution of a long-standing debate on sovereign authority.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What significant event is mentioned in the second section regarding the World Trade Organization?
The appointment of a new ambassador.
The signing of a new trade agreement.
The introduction of new trade tariffs.
The country taking back control of its tariff schedules.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the speaker, what is the country re-emerging as?
A center for cultural exchange.
A leader in technology.
A campaigner for global free trade.
A major military power.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which economic principle is highlighted as essential for increasing overall wealth?
The concept of opportunity cost.
The theory of diminishing returns.
The principle of comparative advantage.
The law of supply and demand.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest is the ultimate benefit of free trade?
Greater cultural diversity.
Uniting people in peace.
Increased military alliances.
Higher tariffs and taxes.
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