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WorksheetsGlobal Trade
Total questions: 10
Worksheet time: 5mins
What is the name of the arrangement that formed the basis of the modern international trade system after World War II?
World Bank
World Trade Organization (WTO)
General Agreement on Tariffs and Trade (GATT)
International Trade Organization (ITO)
Which of the following is not among the responsibilities of the World Trade Organization, the main institution dealing with international trade?
Facilitating trade agreements among member countries
Monitoring countries’ trade policies to ensure compliance with agreements
Specifying the amount of goods and services that countries can trade each year
Settling disputes related to trade policy
Reports indicate that the United States has won approximately what proportion of the adjudicated complaints it has filed with the World Trade Organization in recent decades? This question is required.
10%
33%
50%
90%
What is the name of the most recent series of trade negotiations conducted by the United States and the other members of the World Trade Organization (WTO)?
Uruguay Round
Geneva Assembly
Doha Round
International Trade Forum
In the context of its overall trade deficit, the United States had approximately what trade balance in services in 2017?
Surplus of $244 billion
Surplus of $24 billion
Deficit of $24 billion
Deficit of $244 billion
Which country provided the largest share of U.S. goods and services imports in 2016?
Canada
Mexico
China
United Kingdom
Which country bought the largest amount of U.S. goods and services exports in 2016?
Mexico
China
United Kingdom
Canada
Considering only goods, China was the third-largest buyer of U.S. exports in 2017. In 2000, it ranked _______.
19th
11th
6th
3rd
Which country is the world’s leading goods exporter?
Japan
China
Germany
United States
Which country is the world’s leading goods importer?
India
United Kingdom
China
United States
