The Two Most Important Institutions That Monitor International Trade Policies

question 48

Multiple Choice

The two most important institutions that monitor international trade policies are _____.

• A) NAFTA (North American Free Trade Association) and the World Bank
• B) the World Bank and the EU (European Union)
• C) GATT (General Agreement on Tariffs and Trade) and WTO (World Trade Organization)
• D) WTO (World Trade Organization) and NAFTA (North American Free Trade Association)

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Definitions:

Contract Manufactures

Companies engaged in producing goods or components for other companies under a contract, rather than producing their own brand products.