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Question 15 Which one is an example of a Regional Trade Arrangement (PTA) that is advanced to a level of currency and monetary union? a) The North America Free Trade Agreement (NAFTA) b) T...

Question 15

Which one is an example of a Regional Trade Arrangement (PTA) that is advanced to a level of currency and monetary union?

a) The North America Free Trade Agreement (NAFTA)

b) The GCC where UAE is a member

c) No PTA has so far reached a currency and monetary union

d) The Euro Zone of Europe

Question 16

The future challenge of food security in the UAE will most likely relate to

a) the stability of the global agricultural and food trade system

b) how to improve domestic agricultural production

c) the increasing UAE population and increasing demand for food

d) all of the above

e) there will not be such a concern for UAE food security in future at all

Question 17

Which international trade negotiation forum (Round of talk) has specially focused on the link between economic growth and trade liberalization?

a) The Tokyo Round

b) The Uruguay Round

c) The Doha Round

d) The Kennedy Round

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ANS 15- a) The North america free trade agreement(NAFTA)

ANS 16- c) The increasing UAE population and increasing demand for food

ANS 17- b) The Uruguay Round

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Question 15 Which one is an example of a Regional Trade Arrangement (PTA) that is advanced to a level of currency and monetary union? a) The North America Free Trade Agreement (NAFTA) b) T...
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