The institution that monitors and enforces trade agreements and promotes free trade is:

A. the World Bank.
B. UNICEF.
C. the World Trade Organization.
D. the National Alliance Trade Organization.


C. the World Trade Organization.

Economics

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If the demand for cucumbers falls when the price of tomatoes rises, then we know that tomatoes and cucumbers are:

A. substitutes B. normal goods C. inferior goods D. complements

Economics

A trade balance where exports exceed imports is called:

A) trade surplus. B) trade deficit. C) budget deficit. D) none of the above.

Economics

Explain the share-the-gains, share-the-pains theory. How does it differ from the capture hypothesis?

What will be an ideal response?

Economics

The long-run Phillips curve is located at the natural rate of unemployment

a. True b. False Indicate whether the statement is true or false

Economics