Ibat Prelim Exam
Ibat Prelim Exam
Ibat Prelim Exam
1. Email *
Globalization
Industrialization
Importing
Exporting
Tariffs
Quotas
Subsidies
Standardization
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03/03/2022, 21:08 IBAT PRELIM EXAM
4. Restrictions on the volume of imports for a particular good or service over a 1 point
period of time.
Tariffs
Quotas
Subsidies
Standardization
5. Negative taxes or tax credits that are given to domestic producers by the 1 point
government.
Tariffs
Quotas
Subsidies
Standardization
6. The government of a country may require all foreign products to adhere to 1 point
certain guidelines.
Tariffs
Quotas
Subsidies
Standardization
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03/03/2022, 21:08 IBAT PRELIM EXAM
True
False
8. Member countries of this trade agreement remove trade barriers among 1 point
themselves and adopt common external trade barriers.
Customs union
Common market
Economic union
Full integration
Customs union
Common market
Economic union
Full integration
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03/03/2022, 21:08 IBAT PRELIM EXAM
10. A trading agreement wherein members eliminate trade barriers among 1 point
themselves, adopt common external barriers, allow free import and export
of resources, adopt a set of economic policies, and use one currency.
Customs union
Common market
Economic union
Full integration
11. In a free trade agreement, all trade barriers among members are 1 point
eliminated, which means that they can freely move goods and services
among themselves.
True
False
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03/03/2022, 21:08 IBAT PRELIM EXAM
Forms
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