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Tournament - Regional Integration

Authored by JULIANA CORREA JARAMILLO

Social Studies

University

Used 6+ times

Tournament - Regional Integration
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a customs union, trade barriers are eliminated among member countries, and each country maintains its own external trade policies.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The European Union is an example of an political union.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Because of the fact that everyone benefits from economic integration, it is easy to achieve and sustain.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Concerns about national sovereignty in the EU have been a major impediment to further integration.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify the most popular form of regional economic integration, accounting for almost 90 percent of regional agreements.

free trade areas

customs unions

common markets

economic unions

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________ can be seen as an attempt to achieve additional gains from the free flow of trade and investment between countries beyond those attainable under global agreements.

Foreign direct investment

Government intervention

Regional economic integration

Unrestricted trade

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This group signed a free trade agreement with China that removes tariffs on 90% of traded goods.

MERCOSUR

NAFTA

ASEAN

PACIFIC ALLIANCE

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