Sec. Ross Says Trade Partners Are Spoiled and That Game Is Over

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Business
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University
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are non-tariff barriers primarily used for in international trade?
To promote domestic products
To retaliate against other countries' trade practices
To increase the price of imported goods
To restrict the quantity of imports
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a non-tariff barrier?
Devaluing the national currency
Setting unrealistic product standards
Imposing high import taxes
Offering subsidies to local producers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do some countries claim they cannot import US beef?
Because of mad cow disease concerns
Due to high tariffs
Because of high transportation costs
Due to currency fluctuations
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main argument against the claim of Asian flu in US chickens?
The US has banned chicken exports
There have been no recent cases in the US
The US has high tariffs on chicken exports
The US chickens are more expensive
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the overall tone of the speaker regarding the use of non-tariff barriers by other countries?
Supportive
Neutral
Critical
Indifferent
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