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International Trade Agreement Contents

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  • 1. Multiple Choice
    2 minutes
    1 pt

    It is the best way to encourage free trade through the transit of goods between countries without paying taxes. Boosts trade through competitive and comparative advantages of goods.

    Preferential trade

    Non-tariff regulations reduction

    Tariff Relief

    Rules of Origin

  • 2. Multiple Choice
    2 minutes
    1 pt

    They provide certainty to apply the preference of tariff or non-tariff benefits, based on the regional manufacturing composition of a good. There is no standard for the determination of its formula, it depends on the interests and negotiations between the signatory countries of an FTA.

    Trade of services

    Rules of Origin

    Non tariff regulations

    Relief of duties

  • 3. Multiple Choice
    2 minutes
    1 pt

    A significant deterioration in production, trade and financial indicators of the economic sector or a significant dercreasing in the developing of the economic sector, which occurred as a result of increased import of goods, import of goods at dumping prices or import of subsidized goods to the customs territory of a country.

    Threat of damage to an economy

    Dumping

    Serious damage to an economy

    Trade defenses

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