Question

The U.S. government's Office of the United States Trade Representative: Question 5 Not yet answered Marked out of 1.00 Flag question Select one: a monitors intellectual property rights around the world and fights IP theft. b. watches the trade relations with countries that have been granted the most favoured nation status. C. determines the impact of imports on U.S.industries and directs actions against certain unfair trade practices such as subsidies and dumping d. promotes exports of nonagricultural services and goods from the United States e observes the functioning of the international financial institutions such as the IMF and the World Bank The term refers to a situation in which an exporter sells a time draft at a discount to an intermediary (often a bank) that will pay the exporter immediately and then collect the full amount from the importer at the later date. Question 6 Not yet answered Marked out of 1.00 Flag question Select one: a factoring b. free on board c. flight capital o d. goodwill e. cash in advance _drive(s) the German economy, representing 72 percent (in 2014) of the total GDP Question 7 Not yet answered Marked out of 1.00 Flag question Select one: a. Mining b. Manufacturing c. Retail trade d. Services e. Agriculture Question 8 Not yet answered Which of the following statements holds true for the World Customs Organization (WCO)? Marked out of 1.00 Flag question Select one: a. It created a framework that calls for the economic isolation of those countries that refuse to cooperate on customs related matters. b. It created a framework that calls for the establishment of a super customs department that would control the customs departments of individual countries. c. It created a framework that calls for the handing over of the control of the customs department of politically unstable countries to the WCO. d. It created a framework that calls for cooperation between the customs administrations of different countries. O e. It created a framework that calls for the creation of a fund to help strengthen the customs departments of the member countries.

Answer 1

Q5. Option c. It is responsible for developing and recommending United States trade policy to the president of USA

Q6. Option a.

Q7. Option d.

Q8. Option d. Its mission is to enhance effectiveness and efficiency of customs administration

Q9. Option e. Need to maintain cash reserve in order to avoid cash crunch

Q10. Option a. Buying and selling of currencies for the purpose of making profits