1. Which of the following was a landmark for major growth in international trade

Question

1. Which of the following was a landmark for major growth in international trade and investment?

a) the establishment of NATO

b) the establishment of NAFTA

c) the establishment of GATT (later rolled into WTO)

d) the end of World War II

2. Which of the following is most likely a benefit of diversity in the international workforce?

a) involvement with international labor unions

b) different approaches to problems and solutions

c) unique perspectives regarding firm policies

d) integration of expatriates with local employees

3. Which of the following is an aspect of nonverbal communication?

a) punctuation

b) personal space

c) speech tone

d) grammar

Explanation / Answer

Answer1. c) Establishment of GATT.

GATT or General Agreement on Trade and Tariffs was signed in 1947. It was an agreement between many counteries which came together to establish an organisation with an objective of reducing trade barriers by eliminating tariffs and quotas. It was the major landmark in growth of international trade. NATO and NAFTA came much later.

Ans2. b) different approaches to problems and solutions.

Diverse group of employess give different viewpoints. These viewpoints can be used by the organisation to benefit by making unique and effective strattegies.

Ans3. a) punctuation

punctuation is a part of non verbal communication. While communicating punctuation can be shown by speech tone. All others are part of verbal communication.

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