News conference by President-elect  Garcia

News conference by President-elect Garcia

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

The video discusses the benefits of joining a large market for weaker countries and emphasizes the importance of renegotiating treaties to improve conditions. It highlights that Peru has the right to withdraw from a treaty if it becomes unfavorable. Additionally, it stresses the need for multiple trade agreements to avoid a one-sided trade monopoly.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary benefit of a weaker country joining a large market?

It becomes isolated from other markets.

It can impose its own rules on the market.

It benefits economically from the larger market.

It gains more control over the market.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What misconception do some people have about joining large markets?

That it always leads to economic loss.

That it is a permanent agreement.

That it benefits only the stronger country.

That it requires no negotiation.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key characteristic of trade agreements according to the second section?

They are fixed and unchangeable.

They are always beneficial.

They are open to renegotiation.

They are only for strong countries.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should a country do if a trade agreement is no longer beneficial?

Force the other country to change terms.

Continue with the agreement regardless.

Seek to renegotiate or exit the agreement.

Ignore the agreement.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to complement the free trade agreement with the United States with other agreements?

To avoid a one-directional trade monopoly.

To reduce trade with other countries.

To increase dependency on the US.

To make the US the sole trade partner.