A Foreign Alliance Talk (Scenario)

question 18

Multiple Choice

A Foreign Alliance Talk (Scenario)
As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on foreign trade. The chamber president even goes so far as to say "and be sure to include the EU, NAFTA, CAEU, GAFTA and all that stuff because we're afraid the economists are right all the good jobs will have to go elsewhere." As you pour over your notes, you try to choose the best information to present in the allotted half hour.
-An important topic in your talk will be GAFTA. You want to explain that a key aim of the GAFTA agreement is to ________.

• A) create one economic bloc against other regional agreement such as those in the European Union
• B) negotiate collectively with China, the US, and other economic powers to improve trade terms for Arab countries.
• C) reach full liberalization of trade among member states.
• D) achieve complete economic integration among member states by the year 2020.

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Definitions:

Courts

Judicial institutions where legal disputes are resolved, and justice is administered.

ADA

The Americans with Disabilities Act, legislation aimed at preventing discrimination based on disability.

Title VII

Title VII is a portion of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Remedies

The procedures through which a right is implemented or wrongdoing against a right is deterred, corrected, or compensated for.