Question

Economic and politics multi questions

1. The international trade counterpart (equivalent) of a Great Power's Realist foreign and security policy is

A) liberalism

B) globalism

C) multilateralism

D) protectionism

E) pragmatism

2. The trade management tools of anti-dumping, countervailing duty, and surge injury policies are

A) unique to the US

B) elements of hybrid warfare

C) contrary to WTO rules

D) shared by US and the EU

3. Economic sanctions are employed by the Great Powers as economic foreign policies because they

A) are politically uncontroversial

B) cost little to the initiator

C) reinforce diplomacy

D) can achieve quick results

E) are almost always effective

4. Despite decades of advocating trade liberalisation, the WTO and the major trading states have been relatively unsuccessful in reducing barriers to which of these?

A) services

B) intellectual property

C) agriculture products

D) industrial products

5. Which theory or paradigm best describes President Trump's approach to US trade policy?

A) economic nationalist

B) neo-classical realist

C) neo-realist

D) liberal internationalist

6. Which institution of the US government issues the document International Trade and Finance: Overview and Issues?

A) Commerce Committee of the US Senate

B) Department of Commerce

C) Office of the US Trade Representative

D) Congressional Research Service

E) General Accounting Office

7. Which are the subjects of disagreements that most often lead to trans-Atlantic trade disputes and appeals to the WTO?

A) objections to subsidies and foodstuffs

B) monopolies of intellectual property

C) overregulations of e-commerce

D) constraints on financial flows

E) misapplication of economic sanctions

Answer 1

Economic and politics multi questions

1. The international trade counterpart (equivalent) of a Great Power's Realist foreign and security policy is

B) globalism :As it means going international synonym of international trade.

D) protectionism : Opposite of International Trade approach

2. The trade management tools of anti-dumping, countervailing duty, and surge injury policies are

C) contrary to WTO rules

3. Economic sanctions are employed by the Great Powers as economic foreign policies because they

E) are almost always effective

Other answers not necessary to be there.

4. Despite decades of advocating trade liberalisation, the WTO and the major trading states have been relatively unsuccessful in reducing barriers to which of these?

B) intellectual property : As it has lasting benefits and also due to complex norms to resolve disputes.

5. Which theory or paradigm best describes President Trump's approach to US trade policy?

A) economic nationalist

6. Which institution of the US government issues the document International Trade and Finance: Overview and Issues?

D) Congressional Research Service

7. Which are the subjects of disagreements that most often lead to trans-Atlantic trade disputes and appeals to the WTO?

A) objections to subsidies and foodstuffs

B) monopolies of intellectual property

C) overregulations of e-commerce

D) constraints on financial flows

E) misapplication of economic sanctions