Preferential agreements A) are the same as free trade agreements B) provide mark
ID: 1130032 • Letter: P
Question
Preferential agreements A) are the same as free trade agreements B) provide market access without demanding reciprocation. C) must be approved by the IMF D) are not recognized under WTO rules. Estimates of U.S. job gains and losses due to free trade agreements A) show mixed results, leading to no clear conclusion. B) show clear losses in the number of jobs. C) show clear gains in the number of jobs. D) show no change in jobs. Which of the following is a preferential agreement? A) the Caribbean Basin Initiative (CBI) B) the Trans-Pacific Partnership (TPP) C) the Transatlantic Trade and Investment Partnership (TTIP) D) the Asia-Pacific Economic Cooperation (APEC) )Which of the following is a free trade agreement? A) the Trans-Pacific Partnership (TPP) B) the Transatlantic Trade and Investment Partnership (TTIP) C) the African Growth and Opportunity Act (AGOA) D) the Caribbean Basin Initiative (CBI)Explanation / Answer
Preferential agreements
b) Provide market access without demanding reciprocation.
Estimates of U.S. job gains & losses due to free trade agreements
b) Show clear losses in number of jobs.
Which of the following is a preferential trade agreement?
a) The Caribbean Basin Initiative (CBI)
Which of the following is a free trade agreement?
a) The Trans- pacific partnership (TPP)
Which of following is not a reason Mexico & Canada wanted free trade agreement with the United States?
d) Mexico wanted to institutionalize its economic reforms.