Author Question: While the world was fairly integrated at the turn of the last century, most trade was in ... (Read 113 times)

jilianpiloj

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While the world was fairly integrated at the turn of the last century, most trade was in agricultural and raw materials, whereas today manufactured consumer and producer goods play a much greater role in determining exports and imports.
 
  Indicate whether the statement is true or false

Question 2

Which of the following kinds of agreements between two or more countries would be an example of a deep integration measure?
 
  A) An agreement to reduce tariffs and quotas
  B) An agreement to unify customs forms in order to speed up cross-border traffic
  C) An agreement to impose the same limits on cartels and monopolies
  D) An agreement to reduce exports


peter

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Answer to Question 1

TRUE

Answer to Question 2

C



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