Ch 63: CEOE Business Education: International Trade

About This Chapter

You can confirm your understanding of a variety of international trade matters with this refresher chapter. Our video and text lessons take you through key concepts found on the CEOE Business Education exam.

CEOE Business Education: International Trade - Chapter Summary

Take a look at content on various international trade organizations and trade agreements in these engaging video lessons while you're checking out this chapter. These additional international trade considerations in the chapter also address possible questions you could see on the CEOE Business Education test:

  • International trade politics
  • U.S. trade policy and law
  • Tariffs and quotas and their effects
  • Types of international business treaties
  • International trade regulations and restrictions
  • Advantages and disadvantages of protectionism
  • Trade restrictions

The text portions of this prep chapter point out the key terms with bold print for easy identification during your review. You can also take the practice quizzes that go with each lesson to quickly verify your understanding before you look at a different issue.

Objectives of the CEOE Business Education: International Trade Chapter

The CEOE Business Education test is used to determine if individuals have the degree of familiarity with subject content that's needed to teach business at public school in Oklahoma. Any questions that you're asked on the exam about the topics in chapter will be multiple-choice and part of the Economics and Finance subarea; this subarea makes up 17% of the test. The practice questions that you'll get to see across this chapter could closely resemble some of your CEOE Business Education test items.

10 Lessons in Chapter 63: CEOE Business Education: International Trade
Test your knowledge with a 30-question chapter practice test
The Economics & Politics of International Trade

1. The Economics & Politics of International Trade

We will discuss the economics & politics of international trade through the definition of open trade and its benefits and drawbacks. In addition, the ideas of competitive advantage and political patience will be shown as key indicators of global success.

U.S. Trade Policy & Law

2. U.S. Trade Policy & Law

American industries depend upon the government for protection against imports and to promote domestic exports. In this lesson, you will be exposed to an overview of U.S. trade policy and law.

International Trade Policy & Strategic Trade Policies

3. International Trade Policy & Strategic Trade Policies

Governments sometimes intervene in international trade. In this lesson, we'll examine the arguments against strategic trade policy and discuss the policy instruments used by governments to influence international trade flows.

International Trade Organizations and Trade Agreements

4. International Trade Organizations and Trade Agreements

International trade organizations and trade agreements have enormous power in the global trade environment. In this lesson, you will learn about the roles of the GATT, NAFTA, and the World Trade Organization.

International Trade Regulations & Restrictions

5. International Trade Regulations & Restrictions

Importing and exporting are vital elements to a healthy U.S. economy. Businesses should be familiar with international laws regarding trade. This lesson defines imports and exports and discusses international trade regulations and restrictions.

Trade Restrictions and Foreign Labor

6. Trade Restrictions and Foreign Labor

Discover why trade restrictions are sometimes used to combat cheap foreign labor. Learn about outsourcing, job protection, and infant industry strategies.

Treaties Under Article II of the U.S. Constitution

7. Treaties Under Article II of the U.S. Constitution

Treaties are an important part of international law. A treaty is a legally binding agreement made between two or more government entities. This lesson explains the difference between bilateral and multilateral treaties.

Forces that Affect Trade in Global Markets

8. Forces that Affect Trade in Global Markets

The global marketplace is diverse. While diversity provides opportunity, it also provides challenges. In this lesson, you'll learn about the forces that affect trade in the global market. You'll also have a chance to take a short quiz after the lesson.

Advantages and Disadvantages of Trade Protectionism

9. Advantages and Disadvantages of Trade Protectionism

Countries want to win the game of international trade by exporting more than they import. Some countries pursue trade protectionism to do this. In this lesson, you'll learn about the advantages and disadvantages of this strategy and related concepts.

Tariffs and Quotas: Effects on Imported Goods and Domestic Prices

10. Tariffs and Quotas: Effects on Imported Goods and Domestic Prices

Explore what tariffs and quotas are and what effect they can have on the supply of imported goods. Find out how these two economic tactics can influence the prices you pay for many of the everyday items you may purchase.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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