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Questions and Answers
Which organization was created to increase world trade and free markets?
Which organization was created to increase world trade and free markets?
- European Union
- World Trade Organization
- World Bank
- International Monetary Fund (correct)
What is one criticism of the World Trade Organization (WTO)?
What is one criticism of the World Trade Organization (WTO)?
- It regulates international trade between countries
- It provides short term loans to The World Bank
- It favors more powerful countries over smaller countries (correct)
- It focuses too heavily on economic issues
What is one negative effect of outsourcing?
What is one negative effect of outsourcing?
- Increased speed of product delivery
- Lower quality products (correct)
- Reduced government spending on social programs
- Increased variety of products available
