quizz for midterm

Which of the following trade agreements does Vietnam participate in?

• A. NAFTA

• B. CPTPP

• C. MERCOSUR

• D. SAARC

2. When did Vietnam officially join the World Trade Organization (WTO)?

• A. 2001

• B. 2006

• C. 2007

• D. 2010

3. What is a key focus of Vietnam's export-oriented strategy?

• A. Exporting raw materials

• B. Industrial and high-tech products

• C. Limiting exports to preserve resources

• D. Trade only with socialist bloc countries

4. Under the EVFTA, Vietnam commits to eliminating most export taxes within how many years?

• A. 7 years

• B. 10 years

• C. 15 years

• D. 20 years

5. What is a significant challenge facing Vietnam’s trade policies?

• A. High tariffs on exports

• B. Dependency on foreign direct investment

• C. Lack of international trade agreements

• D. No focus on environmental compliance

6. Which sector accounts for the largest share of Vietnam’s export turnover?

• A. Textiles and garments

• B. Seafood

• C. Phones and components

• D. Agricultural products

7. Which of the following describes Vietnam’s trade policies during 1975-1979?

• A. Focused on high-tech exports

• B. Engaged in global free trade agreements

• C. Relied on the socialist bloc for trade

• D. Attracted significant foreign direct investment

8. Which of the following is NOT a result of Vietnam's trade liberalization efforts?

• A. Increased trade surpluses

• B. Strong export growth

• C. Decreased foreign direct investment

• D. Higher GDP growth rates

9. What measure has Vietnam taken to reduce non-tariff barriers?

• A. Increase import quotas on textiles

• B. Implement quotas on agricultural products

• C. Cut quotas on meat and sugar imports

• D. Ban imports from certain countries

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