GOVERNMENT POLICY AND INTERNATIONAL TRADE

It is the oldest and simplest instrument of trade policy.

• Trade

• Policy

• Tariff

• Subsidy

A government payment to a domestic producer, it comes with any forms including cash grants, low-interest loans, tax breaks, and government equity participation.

• Subsidy

• Tariff

• Quota

• Anti-dumping Duties

GATT stands for:

• General Association on Tariffs and Trade

• General Assembly on Tariffs and Trade

• General Aggregate on Tariffs and Trade

• General Agreement on Tariffs and Trade

This Development World Trading System was came after the originated country wherein GATT members embarked on their eighth round of negotiations to reduce tariffs.

• The Union of Soviet Socialist Republics Round

• The Ukraine Round

• The Uruguay Round

• The Uzbekistan Round

These are the agreements between two (2) or more partners designed to capture gain from trade beyond those agreements currently attainable under WTO treaties.

• General Agreement on Trade in Services

• Multilateral and Bilateral Trade Agreements

• World Trade Organization Agreements

• General Agreement on Tariffs and Trade

This instrument in Trade Policy is variously defined as selling goods in a foreign market at below their costs of production or as selling goods in a foreign market at below their “fair” market value.

• Protectionist Trends

• Voluntary Export Restraints

• Export Tariffs and Bans

• Anti-dumping Duties

This instrument of Trade Policy is a tax placed on the export of a good. The goal behind this tariff is to discriminate against exporting to ensure that there is sufficient supply of a good within a country.

• Export Tariffs

• Import Quotas

• Local Content Requirements

• Subsidies

Which of the following program was intended to help the transport sector/industry/group amid to fuel price hike?

• Pantawid Balik Pinas Program

• Pantawid Kalsada Program

• Pantawid Pamilyang Pilipino Program

• Pantawid Pasada Program

This instrument in Trade Policy is a policy that partially or entirely restricts the export of a good.

• Import Ban

• Export Ban

• Import Tariff Ban

• Export Tariff Ban

This policies are bureaucratic rules designed to make it difficult for imports to enter a country.

• WTO Policies

• Corporate Policies

• Administrative Policies

• Organizational Policies