UNIT 13 - INTERNATIONAL RELATIONS
EXAM QUESTIONS AND ANSWERS
The ITO was replaced in 1995 by the WTO. What is that? - ANSWER-World Trade
Organization
When was the WTO formed? - ANSWER-1995
How many members does the WTO have? - ANSWER-157 as of August 24, 2012
What does the WTO encourage country to do to enable trade? - ANSWER-1. Erect as
few trade barriers as possible
2. To be free of discrimination
3. To encourage poorer or developing countries by giving them more favorable trading
terms
What does the US mean by MFN when given to another country? - ANSWER-It is now
a "Most Favored Nation" status when trading with the US.
What is NAFTA? - ANSWER-North American Free Trade Agreement
What counties are involved with NAFTA? - ANSWER-United States, Canada, Mexico
What does NAFTA do? - ANSWER-Allows the three countries to trade without tariffs
between them. (Free)
When was the "People's Republic of China" formed? - ANSWER-1949
What year did the US formally recognized the government of China? - ANSWER-1979
What do the supporters of trade with China say is good about this? - ANSWER-1.
Opened China to American Products
2. Introduced capitalism to China
What do opponents of trade with China say is wrong with it? - ANSWER-1. It puts the
US at an economic disadvantage
2. This economic disadvantage could develop into a political and military disadvantage.
3. China's products are cheaper so American's purchase them first and encourage
China's low wages and poor working conditions
According to the text, there are 4 things that are necessary to fight the war against
terror. What are they? - ANSWER-1. Understand the thinking of the terrorists
2. Recognize who the terrorists are.
3. Identify any individuals, groups, or governments who give assistance to terrorists
EXAM QUESTIONS AND ANSWERS
The ITO was replaced in 1995 by the WTO. What is that? - ANSWER-World Trade
Organization
When was the WTO formed? - ANSWER-1995
How many members does the WTO have? - ANSWER-157 as of August 24, 2012
What does the WTO encourage country to do to enable trade? - ANSWER-1. Erect as
few trade barriers as possible
2. To be free of discrimination
3. To encourage poorer or developing countries by giving them more favorable trading
terms
What does the US mean by MFN when given to another country? - ANSWER-It is now
a "Most Favored Nation" status when trading with the US.
What is NAFTA? - ANSWER-North American Free Trade Agreement
What counties are involved with NAFTA? - ANSWER-United States, Canada, Mexico
What does NAFTA do? - ANSWER-Allows the three countries to trade without tariffs
between them. (Free)
When was the "People's Republic of China" formed? - ANSWER-1949
What year did the US formally recognized the government of China? - ANSWER-1979
What do the supporters of trade with China say is good about this? - ANSWER-1.
Opened China to American Products
2. Introduced capitalism to China
What do opponents of trade with China say is wrong with it? - ANSWER-1. It puts the
US at an economic disadvantage
2. This economic disadvantage could develop into a political and military disadvantage.
3. China's products are cheaper so American's purchase them first and encourage
China's low wages and poor working conditions
According to the text, there are 4 things that are necessary to fight the war against
terror. What are they? - ANSWER-1. Understand the thinking of the terrorists
2. Recognize who the terrorists are.
3. Identify any individuals, groups, or governments who give assistance to terrorists
