Practice International Agreements (4.4.3) - Globalisation and Recent Trends in Business

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8 questions

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3 cards from this section. Quick, good the night before a test.
Exercise
6 questions · about 4 min · pass mark 70%. Hints available.
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Quiz
2 questions · about 1 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What does WTO stand for?
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Think about international trade rules.
Question 2.
Name one positive effect of international agreements.
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Consider the benefits of market access.
3Question 3.
What is the primary purpose of the WTO?
- To provide loans
- To set trade rules
- To manage currencies
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Consider its role in trade negotiations.
4Question 4.
True or False: International agreements always benefit local businesses.
- True
- False
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Think about how competition can affect different business sizes.
Question 5.
Discuss the implications of globalisation driven by international agreements on a developing country compared to a developed one.
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Consider how resources and infrastructure differ between countries.
Question 6.
Propose solutions to address the negative impacts of international agreements on local labor forces.
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Reflect on what measures can help safeguard workers.

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