International Business Quiz ch 4

International Business Quiz ch 4 - The correct answer for...

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1 CORRECT The United Nations institution addresses issues that require global or regional solutions. A) True 2 CORRECT The GATT and the WTO work in tandem to support trade liberalization. B) False 3 CORRECT The OECD, the "rich man's club," was formed to keep trade within the developed nation markets. B) False 4 INCORRECT The North American Free Trade Agreement integrates the nations of North America to ensure free trade and free movement of labor. B) False 5 INCORRECT On EU matters, the European Court of Justice has authority that supersedes that of the member-nations' national courts. A) True 6 INCORRECT The IMF has had many successes. Which of the following point to one of the current IMF challenges? A) Develop a way for global financial markets to spread risks. B) Develop and maintain a system of currency exchange that makes global trade possible. C)
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International Business Quiz ch 4 - The correct answer for...

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