Flashcards: Global Trade Fundamentals — 18 cartões

Todos os cartões

1Pergunta

WTO — full form?

Resposta

World Trade Organization

2Pergunta

GATT — signing year?

Resposta

1947

3Pergunta

GATT — main purpose?

Resposta

Facilitate international trade

4Pergunta

GATT rounds — duration?

Resposta

1947 to 1993

5Pergunta

GATT — absorbed into?

Resposta

WTO in 1995

6Pergunta

Trade agreements — examples?

Resposta

CETA, TTIP

7Pergunta

Trade areas — goal?

Resposta

Reduce barriers, promote cooperation

8Pergunta

GATT vs WTO — dispute system?

Resposta

WTO has a stronger, faster system

9Pergunta

GATT — membership?

Resposta

23 contracting nations

10Pergunta

WTO — membership?

Resposta

164 members

11Pergunta

Trade blocs — example?

Resposta

MERCOSUR, COMESA, AFTA

12Pergunta

Regional trade bloc — focus?

Resposta

Economic integration and free movement

13Pergunta

International trade org — primary?

Resposta

WTO

14Pergunta

International sales structure — example?

Resposta

Subsidiary, agent, branch

15Pergunta

Export diagnosis — purpose?

Resposta

Assess export readiness

16Pergunta

Logistics — role?

Resposta

Manage resource movement efficiently

17Pergunta

Transportation modes?

Resposta

Road, rail, air, sea, pipelines

18Pergunta

Incoterms — purpose?

Resposta

Define responsibilities and risks in trade

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Teste seu conhecimento com 9 perguntas sobre Global Trade Fundamentals.

1. What is a key characteristic that differentiates the WTO from GATT according to their history and scope?

2. What was a consequence of the expansion of trade areas and agreements leading to the establishment of the WTO?

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