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t institutions that monitor international trade policies are The two most O A. W

ID: 1133695 • Letter: T

Question

t institutions that monitor international trade policies are The two most O A. WTO and NAFTA OB. NAFTA and the World Bank C.the World Bank and the EU 0 D. GATT and WTO B Review Check to review before finishing (will be flagged in Table of Contents) Question 25 of 25 (worth 4 points) The formal establishment of business operations on foreign soil, such as factories, sales offices, or branch stores, is called B. foreign direct in ° C. foreign licensing 0 D, ajoint venture Review Check to review before finishing (will be flagged in Table of Contents)

Explanation / Answer

24.

Answer: D

GATT is an agreement between countries for removing trade restrictions for improving trade between those countries.

WTO establishes trade policies for ensuring global trade flows.

25.

Answer: B

This is foreign direct investment, because such investment is made by an individual or a firm of one country to another country.