Worksheet #2 Test Your Knowledge

請寫出你的中文名字

What is the primary goal of a free trade agreement in terms of elimination?

• People because the earth is overpopulated

• Barriers to trade because trade engagement is important to countries

• US Prime beef because Japanese Wagyu is the best

• Korean celebrity because Taylor Swift is the best

What is meant by "an economic term for measuring prices at different locations as if there are no transaction costs nor trade barriers for a particular good, then the price for that good should be the same at every location"?

• Power rangers

• Polar Power Partnership

• Purchasing Power Parity

• Purchasing Public Partnership

What is meant by "flaws that result in an inaccurate or unexpected outcome from a computer program"?

• Software program

• Software director

• Software errors

• Software engineering

When a government imposes limits on the quantity of the goods or services from abroad to restrict competition for domestic commodities, it is imposing a __?

• Tariffs

• Subsidies

• Quota

• Customs and administrative procedures

As the predecessor of the WTO, the goal of the GATT was to reduce trade barriers and promote which of the following?

• Trade marketing

• Trade stock

• Trade show

• Trade liberalization

Which of the following is NOT included in the Sustainable Development Goals (SDGs) adopted by the United Nations?

• End poverty in all its forms everywhere

• Measuring the progress of signing bilateral trade agreements of the participated nations

• Achieve gender equality and empower all women and girls

• Ensure availability and sustainable management of water and sanitation for all

Which of the following organizations is the only global organization dealing with the rules of trade between nations and economies?

• APEC

• WTO

• IMF

• UN

Which of the following is NOT a tangible asset?

• Real estate

• Mutual funds

• Inventory

• Machinery

Which of the following best describes someone who can effectively use various financial skills, including personal financial management, budgeting, and investing?

• Financial literate

• Financial management

• Financial institutions

• Financial capable