Global Economic Policy Quiz
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Questions and Answers

What are economic sanctions mainly used to?

punish nations for disobeying international law.

How did the United States begin its policy of providing aid to Sudan?

easing sanctions.

What is one goal of US economic sanctions against North Korea?

better relations with neighboring countries.

What is a potential consequence of economic sanctions against foreign governments?

<p>hurt foreign citizens.</p> Signup and view all the answers

How can the president influence economic foreign policy?

<p>appointing ambassadors supportive of his goals.</p> Signup and view all the answers

Which of these is not a tool the United States uses as part of its economic foreign policy?

<p>Military action against competitors</p> Signup and view all the answers

How would the United States most likely encourage another nation to eliminate restrictive human rights policies?

<p>by imposing economic sanctions against the nation.</p> Signup and view all the answers

How would a nation most likely try to limit inexpensive cars from being imported?

<p>by imposing tariffs on the cars at the border.</p> Signup and view all the answers

What is a positive result of trade agreements such as NAFTA and the EU?

<p>more economic rights for citizens.</p> Signup and view all the answers

In which element of economic foreign policy can Congress participate?

<p>approving aid to another country.</p> Signup and view all the answers

Study Notes

Economic Sanctions

  • Economic sanctions serve as a punitive measure against nations violating international laws.
  • These sanctions often affect ordinary citizens of the targeted nations due to restricted access to goods and resources.

US Foreign Aid Policy

  • The United States initiated its aid approach to Sudan by easing existing sanctions, aiming to improve relations and support humanitarian efforts.

North Korea Sanctions

  • One aim of US economic sanctions on North Korea is to foster better relations with its neighboring countries, such as South Korea and Japan.

Presidential Influence

  • The president can shape foreign economic policy by appointing ambassadors aligned with his strategic goals, promoting interests abroad.

Economic Policy Tools

  • Military action is not classified as a tool under the United States' economic foreign policy framework, distinguishing it from sanctions, trade agreements, and diplomatic efforts.

Human Rights Policies

  • Economic sanctions are employed by the US to pressure nations into abolishing restrictive human rights policies, leveraging economic consequences to drive political change.

Import Restrictions

  • To limit the import of inexpensive cars, nations typically impose tariffs at the border, increasing costs on foreign vehicles to protect domestic industries.

Trade Agreements

  • Trade agreements like NAFTA (North American Free Trade Agreement) and EU (European Union) membership have resulted in enhanced economic rights for citizens, facilitating trade and economic cooperation.

Congressional Involvement

  • Congress plays a vital role in economic foreign policy by approving foreign aid packages, influencing diplomatic and humanitarian initiatives.

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Description

Test your knowledge on global economic policies, particularly focusing on economic sanctions and their implications. This quiz covers key concepts regarding how nations interact through economic measures and the consequences of disobeying international laws.

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