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Preview questions
1. What is the primary purpose of international trade?
Cultural exchange · Economic growth · Political alliances · Environmental protection
2. Which of the following is a benefit of international trade?
Increased unemployment · Access to a wider variety of goods · Trade deficits · Cultural isolation
3. What term describes the difference between a country's exports and imports?
Trade surplus · Trade deficit · Balance of trade · Trade quota
4. Which organization is primarily responsible for regulating international trade?
World Health Organization · World Trade Organization · International Monetary Fund · United Nations
5. What is a tariff?
A type of trade agreement · A tax on imported goods · A subsidy for exports · A trade barrier
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