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International Trade Organizations and Trade Agreements

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is the exchange of goods between national borders?

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1. Identify the entity that has NOT significantly benefited by GATT:

2. Why would you want your country to be assigned the Most Favored Nation status?

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About This Quiz & Worksheet

This quiz and corresponding worksheet will help you gauge your knowledge of what can be a hot topic for many around the world: international trade organizations and agreements. Topics you'll need to know to pass the quiz include understanding the exchange of goods between national borders as well as knowing what GATI stands for.

Quiz & Worksheet Goals

Use this printable worksheet and quiz to review the characteristics of:

  • International trade
  • The General Agreement on Tariffs and Trade
  • The Most Favored Nation designation
  • The North American Free Trade Agreement (NAFTA)
  • The World Trade Organization (WTO)

Skills Practiced

  • Interpreting information - verify you can read information regarding the exchange of goods between national borders and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the Most Favored Nation designation
  • Reading comprehension - ensure that you draw the most important information from the related international trade organizations and agreements lesson

Additional Learning

Review the corresponding lesson called International Trade Organizations and Trade Agreements. This lesson will help you:

  • Explore what international trade is
  • Understand how goods are exchanged between borders
  • Identify the three leaders responsible for overseeing international trade
  • Describe the countries with which NAFTA removes all trade barriers
  • Explain why the WTO is unique
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