Which of the following is NOT a reason why cartels generally have not been successful?
A. There is too much global competition.
B. Enforcement is very difficult.
C. Consumers can easily switch to different products.
D. Free-riding is difficult to control.
E. They are technically against international law.
The so-called Lom Conventions extended trade preferences to ALL BUT WHICH of the following?
A. Africa
B. The Caribbean
C. South America
D. The Pacific
E. Many former European colonies
Many of the NIEO's demands are primarily about:
A. training labor.
B. protecting fledgling economies.
C. using natural resources.
D. enhancing product standards.
E. implementing reforms.
Cartels typically have ALL BUT WHICH of the following functions?
A. Establishing national market control
B. Establishing international market control
C. Setting production levels
D. Decreasing the prices for products
E. Increasing producers' market influence
The following have been key elements of the New International Economic Order's (NIEO) agenda EXCEPT:
A. trade preferences.
B. loans.
C. debt forgiveness.
D. sustainable development.
E. technology transfers.