Exploring the Impact of the Marshall Plan in International Trade
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Questions and Answers

Which organization developed the Marshall Plan to assist Europe in rebuilding after World War II?

  • United States (correct)
  • World Trade Organization
  • European Union
  • United Nations
  • When did the GATT become part of the World Trade Organization?

  • 1945
  • 1965
  • 1985
  • 1995 (correct)
  • What was the purpose of the Marshall Plan?

  • To promote international trade
  • To establish the World Trade Organization
  • To spread communism throughout the world
  • To assist Europe in rebuilding after World War II (correct)
  • What was the United States' goal in developing the Marshall Plan?

    <p>To assist Europe in rebuilding after World War II</p> Signup and view all the answers

    What event led to the development of the Marshall Plan?

    <p>World War II</p> Signup and view all the answers

    Which country developed the Marshall Plan to assist Europe in rebuilding after World War II?

    <p>United States</p> Signup and view all the answers

    When did the GATT become part of the World Trade Organization?

    <p>1995</p> Signup and view all the answers

    What was the main goal of the United States in developing the Marshall Plan?

    <p>To establish capitalism worldwide</p> Signup and view all the answers

    What was the purpose of the GATT?

    <p>To promote free trade</p> Signup and view all the answers

    What event led to the development of the Marshall Plan?

    <p>World War II</p> Signup and view all the answers

    Study Notes

    The Marshall Plan

    • The United States developed the Marshall Plan to assist Europe in rebuilding after World War II.
    • The purpose of the Marshall Plan was to provide economic aid to war-torn Europe and prevent the spread of communism.
    • The main goal of the United States in developing the Marshall Plan was to promote economic stability and prevent the spread of communism in Europe.

    GATT and WTO

    • The GATT (General Agreement on Tariffs and Trade) became part of the World Trade Organization (WTO) in 1995.
    • The purpose of the GATT was to promote international trade and reduce tariffs and trade barriers.

    Historical Context

    • The event that led to the development of the Marshall Plan was the devastation of World War II, which left Europe in a state of economic and political crisis.

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    Description

    Test your knowledge on the dynamic environment of international trade with this quiz on Chapter 2 of the 18th edition of "International Marketing" by Cateora. Learn about the Marshall Plan and its role in Europe's post-World War II reconstruction.

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