Philippine History: Carlos P. Garcia's Presidency
5 Questions
1 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

What is the primary objective of international trade?

  • To promote trade that flows smoothly, predictably, and freely (correct)
  • To encourage unfair trade practices
  • To limit the export of goods and services
  • To increase tariffs and trade barriers
  • What is the opposite of 'smoothly' in the context of trade?

  • Erratically (correct)
  • Freely
  • Rapidly
  • Predictably
  • What does 'predictably' imply in the context of international trade?

  • A rapid increase in trade tariffs
  • Uncertainty in trade agreements
  • Unforeseen changes in trade policies
  • A stable and consistent trade environment (correct)
  • What is the benefit of 'free' trade in the context of international trade?

    <p>The unrestricted flow of goods and services</p> Signup and view all the answers

    What is the ultimate goal of promoting international trade?

    <p>To facilitate economic growth and development</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser