In Japan where land is scarce, farmers generally
a. oppose free trade.
b. support free trade.
c. support the limited reduction in tariffs.
d. align themselves with the interests of other workers.
What is the main difference for members of the World Trade Organization (WTO) who also are members of a free trade area (FTA)?
a. WTO members are provided lower tariffs than members of the FTA.
b. There are no nontariff barriers for WTO members, but there may be some for FTA members.
c. Within a free trade area, there are no tariffs at all, but there are some tariffs for WTO members.
d. Barriers may be low for FTA members, but they are even lower for WTO members.
In examining global economic power, it is clear that such power now is
a. more evenly distributed than in the past.
b. increasingly concentrated in the hands of the United States.
c. controlled by a coalition of rich countries including the European Union, Japan, and the United States.
d. increasingly controlled by the major developing countries, including Brazil, Russia, China, and India.
According to some scholars, the most important trade policy that will affect third world development is the
a. rise of nontariff barriers.
b. expansion of the service industry in the developing world.
c. reduction of the level of tariffs.
d. reduction of agricultural subsidies by wealthy states.
As of 2015, the WTO had approximately how many members?
a. 192
b. 161
c. 115
d. 77
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