International Trade Law: Principles and Disputes - L1 (T/F Quiz)
16 Questions
3 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

International Trade Law is mainly concerned with the exchange of capital, goods, and services within a single country?

False

Which book is mentioned as a relevant textbook for International Trade Law?

False

What does International Trade refer to?

False

Is International Trade an insignificant part of gross domestic product (GDP) in most countries?

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

Is International Trade Law concerned with trade only within a single country?

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

Should International Trade Law be regulated locally within each country?

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

International trade accounts for about 30% of the world GDP. Is this statement true?

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

The exchange of goods or services along international borders allows for greater competition and more competitive pricing in the market. Is this statement true?

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

According to 'Global Policy Forum', by 2030, 60% of the world economy will be exchanged internationally. Is this statement true?

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

Every country is now a member of at least one international trade agreement. Is this statement true?

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

Countries need goods and services to satisfy the wants of their people. Is this statement true?

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

Every country can produce all the goods and services that it requires. Is this statement true?

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

Generally, every country is self-sufficient. Is this statement false?

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

A good knowledge of International Economics is not vital for any economist. Is this statement false?

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

A good economic policy regarding international relations may not be more beneficial than any policy arranging domestic economic issues of a country. Is this statement false?

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

No country can produce all the goods and services it requires. Is this statement true?

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

Use Quizgecko on...
Browser
Browser