Practice Wto (5.7.1) - Globalization - ICSE 9 Economic Applications
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WTO

Practice - WTO

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does WTO stand for?

💡 Hint: Think of the letters in 'WTO'.

Question 2 Easy

What is a tariff?

💡 Hint: Consider any extra charge for goods coming from other countries.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does the WTO primarily promote?

Free trade
Import quotas
Export subsidies

💡 Hint: Think about how countries trade with each other.

Question 2

True or False: The WTO can impose tariffs on countries.

True
False

💡 Hint: Consider the WTO's function relative to national policies.

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Analyze a case where a country imposed tariffs, and explain how this could lead to a trade dispute with another country.

💡 Hint: Consider the implications of tariffs on international relationships.

Challenge 2 Hard

Evaluate the benefits and drawbacks of the WTO's influence on global trade.

💡 Hint: Think about both sides of how global trade impacts local economies.

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Reference links

Supplementary resources to enhance your learning experience.