FIL Chapter 3.1 & 3.2

FIL Chapter 3.1 & 3.2

University

10 Qs

quiz-placeholder

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FIL Chapter 3.1 & 3.2

FIL Chapter 3.1 & 3.2

Assessment

Quiz

World Languages

University

Practice Problem

Hard

Created by

Syed Shamin

Used 6+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the World Trade Organization (WTO) primarily concerned with?

Protecting natural resources

Enforcing immigration laws

Regulating global finance

Promoting international trade

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the main purpose of the General Agreement on Tariffs and Trade (GATT)?

Minimizing barriers to international trade

Regulating labor standards

Promoting cultural exchange

Controlling global currency exchange rates

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the key achievement of the GATT in terms of trade without discrimination?

Exclusion of certain industries from trade agreements

Imposition of tariffs on specific goods

Preferential treatment for developed countries

Equal treatment for all signatory members

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the main function of logistics in supply chain management?

Forecasting cash flows

Quality control and defects management

Strategic planning and organizing

Efficient and cost-effective delivery of goods

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

GATT is an institution with legal authority to enforce trade agreements and resolve disputes

True

False

6.

FILL IN THE BLANK QUESTION

10 sec • 1 pt

Due to long distance between destination, the ________ times for global supply chain would be longer.

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Language barriers is one of the advantages of global logistics

False

True

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