Trade in services includes which of the following?

Related Mcqs:

1. Apart from the WTO, most international trade is governed by more specific international agreements: bilateral trade agreements and:

   A. global trade agreements
   B. reciprocity
   C. regional trade agreements
   D. interdependence

2. Which of the following are major public global government agencies for trade and finance?

   A. G8
   B. IOSCO
   C. WHO
   D. a and b

3. Order the following events in global trade and finance i.Establishment of electronic of electronic stock exchange ii.Formation of WTO III.The first McDonalads

   A. i, ii, iii
   B. ii, iii, i
   C. iii, i, ii
   D. iii, ii, i

4. In recent years, to balance its trade deficit, the United States has:

   A. “exported” currency to other countries
   B. greatly increased tariffs on imports from Asia
   C. increased export of goods and services by offering subsidies to those industries
   D. invested heavily in the euro and the yen

5. If regional free-trade areas such as now exist in Europe and North America gain strength, and new ones arise,

   A. the WTO will likely be replaced by the International Monetary Fund
   B. the more necessary the WTO will be
   C. a world-wide common market will soon be achieved
   D. the WTO may be weakened

6. Which of these groups welcomes the free trade that comes with globalization?

   A. workers in industrialized countries
   B. human rights NGOs
   C. environmental groups
   D. None of the answers is correct

7. The General Agreement on Tariffs and Trade was replaced by the

   A. World Trade Organization
   B. North American Free Trade Agreement
   C. Multilateral Trade Agreement
   D. General Agreement on Trade and Development

8. Which of the following are impacts of globalization on women? i.Cut backs in state services affect women’s health and employment opportunities ii.Globalization results in the feminization of poverty iii.The changing international division of labour is gendered

   A. i
   B. ii, iii
   C. i, ii, iii
   D. i, ii

9. Currently under the WTO a trade negotiation called the Doha Development Agenda (or Doha Round) is running, which was launched in:

   A. 2006
   B. 2001
   C. 2009
   D. 2005

10. In term of combined GDP of its members, the largest trade bloc in the world is:

    A. NAFTA
    B. SAFTA
    C. EMU
    D. ASEAN