Which of the following is an impediment that makes it difficult for firms to achieve the optimal dispersion of their productive activities to locations around the globe?
A. Transportation costs
B. Government deregulations
C. Reduction of barriers to trade between countries
D. Reduction of barriers to foreign direct investment
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The General Agreement on Tariffs and Trade (GATT) was responsible for ____.
A. protecting government owned enterprises
B. policing the global marketplace
C. limiting nuclear testing
D. promoting environment friendly technology
The World Trade Organization promotes the:
A. lowering of barriers to cross-border trade and investment
B. development of poor nations through low-interest loans
C. state ownership of major enterprises
D. regulation of national economies
The _____ was established on October 24, 1945, by 51 countries committed to preserving peace through international cooperation and collective security.
A. World Trade Organization
B. United Nations
C. G20
D. World Bank
The G20 was originally established to:
A. preserve peace through international cooperation and collective security
B. maintain order in the international monetary system
C. formulate a coordinated policy response to financial crises in developing nations
D. manage, regulate, and police the global marketplace
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