Description should include the basic premise, functions, and mission of the organizations that support international trade. Description should also include
- FTZs
- tax exemptions
- quota increases
- tariff restrictions
- consumer protection laws.
Process/Skill Questions:
- What types of decisions can global trade organizations make?
- What are the parameters and limits of these organizations when dealing with local and national government?
- What actions drive these agencies' decisions?
- How do their actions affect and relate to a nation's economic and trade decisions?
- How are multinational corporations affected by the actions and decisions of these agencies?
- What are the roles of the major agencies and organizations in global trade?
- What are FTZs?
- How are FTZs beneficial to companies and employees?
- How do quota increases and tariff reductions encourage investment in the host country?
- How can a government use import quotas as a trade barrier?