The ______ is primarily responsible for policing the world trading system and making sure nation-states adhere to the rules laid down in trade treaties signed by member states.
A. International Development Association
B. World Bank
C. International Court of justice
D. World Trade Organization
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Which of the following is a factor of production?
A. tariffs
B. transportation costs
C. capital
D. government
The volume of world trade in merchandised goods has been:
A. growing at the same rate as world GDP
B. growing faster than world GDP
C. growing slower than world GDP
D. declining faster than world GDP
The growth of international trade in services has been driven by advances in:
A. communications.
B. transportation
C. agriculture
D. energy.
Which of the following philosophies can be traced back to the ancient Greek philosopher Aristotle?
A. Socialism
B. Individualism
Collectivism
D. Anarchism