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Global Trade and Economic Concepts

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Professional Development

Global Trade and Economic Concepts
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Critics argue that the WTO is _____ and struggling to _____ modern trade issues like digital commerce and state-owned enterprises.

on the ball / get across

in a rut / come up with

at a crossroads / grapple with

in full swing / nail down

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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A prolonged trade war can _____ a global economic downturn, as protectionist measures cause supply chains to seize up and business confidence to plummet.

stem from

spark off

account for

boil down to

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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The government's industrial policy is designed to _____ key sectors they believe are _____ long-term growth.

prop up / out of

phase out / integral to

carve out / synonymous with

shore up / pivotal to

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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For a business _____ the implications of new tariffs, the strategy often involves _____ new suppliers in unaffected countries.

weathering / sizing up

grappling with / seeking out

banking on / falling back on

ruling out / partnering up

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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The CEO _____ the disappointing earnings, pointing to inflationary headwinds that were _____ the company's control.

pinned down / within

wrote off / under

accounted for / beyond

talked down / ahead of

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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The merger is likely to _____ significant regulatory _____ in multiple jurisdictions.

run up against / scrutiny

usher in / consensus

cave in to / hurdles

spark off / backlash

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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We need to _____ these new cost projections before we can _____ the budget for next year.

factor in / nail down

talk down / draw up

cave in to / account for

drum up / phase out

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