Purdue University

CSR 332

CH. 3

1)Which of the following statements is FALSE?

2. Which of the following involves the use of a single currency?
3. Which of the following seeks harmonization and unification of economic and social policies and institutions?
4. Which of the following does NOT establish a common external tariff (CET) and quota system?
5. _____________eliminate(s) restrictions on factor movements.
6. _____________is home to more global industry leaders than any other nation in the world.
7. ____________ is the United States’ number-one trading partner.
8. The United States, Canada, and Mexico constitute

9. Which of the following is NOT a trading arrangement in Latin America?
10. The four main preferential trade agreements in Latin America are considered to be
11. Which of the following statements is FALSE?
12. Which of the following statements is FALSE?
13. The Association of Southeastern Asia Nations (ASEAN) is considered to be
14. Which of the following statements is FALSE?
15. The European Union is considered
16. Which of the following statements is FALSE?
17. The price of OIL drives business in the Middle East.
18. Which country remains the most important market in the Middle East region?
19. Saudi Arabia and several other Middle Eastern countries post
20. Which of the following statements about the Middle East is FALSE?
21. Which of the following statements is FALSE?
22. The East African Community is considered
23. Which of the following statements about the East African Community is FALSE?
24. The Southern African Development Community has an 11-nation
25. The Southern African Development Community’s ultimate goal is to be