1.
ICO
Which of the following is an international organization that aims to promote free trade and reduce trade barriers among member countries?
2.
ICO
Which of the following is a risk associated with international trade that arises from unexpected changes in exchange rates?
3.
ICO
Which of the following is an example of a regional trade agreement in North America?
4.
ICO
What is the term used for the difference between a country's total exports and total imports, including both goods and services?
5.
ICO
What is the term used for the total value of a country's exports and imports of goods and services in a given period?
6.
ICO
Which of the following is a measure of the average price level for a basket of goods and services in an economy?
7.
ICO
What does CIF stand for in international trade?
8.
ICO
Which of the following is a trade agreement among countries in the Asia-Pacific region?
9.
ICO
What is the primary objective of a free trade agreement as a form of economic integration?
10.
ICO
Which of the following is an example of a trade barrier that restricts the quantity or value of goods that can be imported or exported?