When the WTO Met in Seattle to Initiate a Further

question 18

Multiple Choice

When the WTO met in Seattle to initiate a further move towards free international trade,thousands of activists met

• A)in order to support the WTO efforts of bringing about a universal shift of resources in poor countries to higher efficiency and productivity uses,which would raise the real incomes of everyone.
• B)in order to laud the WTO policy orientation which would bust local monopolies and therefore help ordinary relatively poor consumers everywhere.
• C)in order to laud the WTO policy of disallowing government sweetheart deals,which typically meant that corrupt governments subsidized their in- laws' conglomerates on the backs of poor taxpayers.
• D)in order to promote the WTO's goals of "Trade- not Aid."
• E)in order to protest WTO free trade policies that they believed hurt workers.

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Definitions:

Profitability Index

A financial tool that calculates the relationship between the costs and benefits of a proposed project through its net present value.

Internal Rate Of Return

A metric used in capital budgeting to estimate the profitability of potential investments, calculating the interest rate at which the net present value of all the cash flows (both positive and negative) from a project or investment equals zero.

Discount Rate

In the realm of discounted cash flow analysis, this is the interest rate used for estimating the present value of future financial inflows.

Anticipated Annual Incremental

Expected yearly increases in revenue or benefits as a result of a particular action or investment, not considering future inflation or changes in currency value.