题目内容

In the United States, the proposed North American Free Trade Agreement was generally supported by:

A. Labor unions
B. Electronics firms
C. Environmentalists
D. Citrusproducers

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At the Maastricht Summit of 1991, European Union negotiators called for the pursuit of a:

A. Free trade area
B. Customs union
Common market
D. Monetary union

By removing discriminatory government procurement laws within the European Union, member nations hoped to benefit from all of the following except:

A. EU governments could purchase from the cheapest foreign suppliers
B. Increased competition occurs as domestic firms compete with foreign firms previously shut out of the domestic market
C. Industries are restructured which permits surviving firms to achieve economies of scale
D. Agricultural prices fall as more farmers are allowed to produce their commodities

Suppose that government procurement liberalization results in the U.K. government importing automobiles form Germany, the low-cost EU manufacturerer. Cost savings could result from all of the following except:

A. Competition effect
B. Scale-economy effect
C. Protective effect
D. Trade effect

Suppose that steel from Japan faces a 20 percent traiff in France and a 25 Percent traiff in Italy. while France and Italy maintain free trade between each other. France and Italy are therefore part of a (an):

A. Free trade area
B. Customs union
Common market
D. Economic union

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