WTO - World Trade Organisation Overview
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Questions and Answers

What is the primary advantage of using local suppliers mentioned in the text?

  • More revenue and jobs for local people (correct)
  • Quicker and less expensive deliveries
  • Lower carbon emissions due to shorter transportation distances
  • Ability for low-income families to afford local produce

    • What is the primary disadvantage of using local suppliers mentioned in the text?

  • Both a and b (correct)
  • Low-income families may not have the financial ability to afford local produce
  • Overall cost is higher due to higher wages and manufacturing costs
  • Foreign suppliers in developing countries may lose out and jobs may be lost abroad

    • What is the purpose of the Totnes Pound mentioned in the text?

  • Both a and b (correct)
  • To encourage spending in independent stores, thereby benefiting the local economy
  • To support local economies and promote reducing consumption, waste, and environmental damage
  • To meet local needs through local production

    • What is the primary goal of the Fairtrade certification mentioned in the text?

    <p>Both a and b</p> Signup and view all the answers

    Which of the following is NOT a transition town goal mentioned in the text?

    <p>Increasing revenue for local businesses</p> Signup and view all the answers

    What is the primary challenge facing the Fairtrade scheme as it continues to grow?

    <p>Ensuring profits are distributed properly to the growers and producers</p> Signup and view all the answers

    Which of the following is NOT a disadvantage of using local suppliers mentioned in the text?

    <p>Deliveries can be much slower and may cost more</p> Signup and view all the answers

    What is the primary purpose of the Totnes Pound mentioned in the text?

    <p>To encourage spending in independent stores, thereby benefiting the local economy</p> Signup and view all the answers

    Which of the following is NOT a transition town goal mentioned in the text?

    <p>Increasing revenue for local businesses</p> Signup and view all the answers

    What is the primary challenge facing the Fairtrade scheme mentioned in the text?

    <p>Ensuring profits are distributed properly to the growers and producers</p> Signup and view all the answers

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