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Questions and Answers
What is a key advantage of being inside a trade bloc like the EU or USMCA?
What is a key advantage of being inside a trade bloc like the EU or USMCA?
- Limited access to international markets
- Independence in setting currency value
- Strict tariff and quota regulations
- Increased global interactions (correct)
In a free-trade zone, what is the main benefit for businesses like Amazon?
In a free-trade zone, what is the main benefit for businesses like Amazon?
- Faster circulation of goods (correct)
- Reduced investment opportunities
- Higher tariffs on exports
- Increased job creation
What aspect of migration is exemplified by the movement of Lebanese and Syrian refugees?
What aspect of migration is exemplified by the movement of Lebanese and Syrian refugees?
- Migration controls in Japan
- Migration within Mercosur
- Refugees facing hazards and corruption (correct)
- Elite migration for high-skilled expertise
How has the world been impacted by the 'Global Village' phenomenon?
How has the world been impacted by the 'Global Village' phenomenon?
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