A Speech on Trade Alliances (Scenario)

question 80

Multiple Choice

A Speech on Trade Alliances (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 global trade. The presentation should include an overview of the world's major trade alliances and mechanisms that promote global trade. The Chamber president has also asked you to comment on a recent quote by a local politician, who stated: "NAFTA has been a bad deal for Canada and it continues to weaken our economy." As you review your notes, you wonder how you will fit all the information into the allotted half-hour presentation time!
-You also plan to discuss other regional trading alliances such as the one in Southeast Asia called ________.

• A)Mercosur
• B)ASEAN
• C)APEC
• D)the Southern Zone Common Market

---

Definitions:

Training

The act of teaching or developing in oneself or others any skills and knowledge that relate to specific useful competencies.

Trenches

Long, narrow ditches used in warfare to protect soldiers from enemy fire, or metaphorically, to denote being deeply immersed in a challenging or demanding situation.

Socialization Process

The process by which individuals learn the values, norms, and required behaviors which are necessary for participating within their society or specific groups.

Strong Cultures

Organizational environments characterized by deeply shared values, beliefs, and norms that influence behavior of members.