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IPE 2022 Prof RH Flashcards | StudBud
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IPE 2022 Prof RH
IPE 2022 Prof RH
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134 plays
What do you know about IPE? Intro to Trade
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
Globalization can lead to trade offs between health, environment and economic growth
True
False
2
China is a member of the WTO
True
False
3
Economic policy can be explained completely by supply & demand curves
True
False
4
Canada is a trade adversary
False
True
5
Poverty can be explained by irresponsible decisions of individuals - people and countries
It’s complicated
True
False
6
Tariffs are taxes on imported goods
False
True
7
Globalization is all about economics
False
True
8
International economic agreements benefit powerful countries only
True
False
Depends on your perspective
9
Trade deficits with other countries is a weakness
False
True
10
Free trade agreements benefit...
Some people
Only the rich
All people - free trade rocks!
No one!! Free trade is terrible!