题目内容

Wal-Mart’s buying office just purchased leather belts for $30.00 each. They want a 20% markup at retail on the belts. What retail price should they charge?

A. $35.00
B. $36.50
C. $37.50
D. $39.00

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Taxes levied on imports into a country are called:

A. Tariffs
B. Quotas
C. Duties
D. Barriers

This kind of economic cooperation makes it necessary for a foreign firm to enter a member country with the least non-tariff restrictions.

A. Free trade area.
B. Custom union.
Common market
D. Political union

Which world organization monitors trade and resolves disputes?

A. WTO
B. GSP
C. WORLD BANK
D. UNCTAD

A new study finds that eating more peanut butter will improve a person's health. As a result,

A. the demand for peanut butter will fallB. the price of peanut butter will fall
B. a smaller amount of peanut butter will be purchased
C. the demand for peanut butter will rise
D. the price of peanut butter will fall

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