How Has the WTO Helped Globalization of Markets and Production

question 134

Multiple Choice

How has the WTO helped globalization of markets and production?

• A)It has made low-interest loans available to cash-strapped governments in poor nations.
• B)It required the borrowing nation-states to adopt specific economic policies aimed at economic growth.
• C)It sought to create a more open global business system unencumbered by barriers to trade and investment between countries.
• D)It has helped major nations to launch a coordinated policy response to the global financial crisis.

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Definitions:

Risky

Involving exposure to danger or financial loss probabilities.

Financial Intermediary

An intermediary that buys securities with funds that it obtains by issuing its own securities. An example is a common stock mutual fundthat buys common stocks with funds obtained by issuingshares in the mutual fund.

Financial Assets

Assets that derive value because of a contractual claim, such as stocks, bonds, bank deposits, and mutual funds.

Income Trusts

Investment vehicles that hold income-producing assets and pass on earnings to investors, typically in sectors like real estate, oil and gas, or business.