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International Trade Test - 3

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International Trade Test - 3
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  • Question 1
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    Most of the world's great ports are classified as:

    Solution

    Most of the world's great ports are classified as comprehensive ports.

  • Question 2
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    Which type of port primarily deals with the transportation of passengers and mail across short distances?

    Solution

    Packet stations, also known as ferry ports, are exclusively concerned with the transportation of passengers and mail across water bodies covering short distances, such as Dover in England and Calais in France across the English Channel.

  • Question 3
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    Which organization played a role in reducing tariffs and facilitating international trade?

    Solution

    General Agreement for Tariffs and Trade (GATT) played a role in reducing tariffs and facilitating international trade.

  • Question 4
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    Which type of port is Memphis based?

    Solution

    Memphis is located on the river Mississippi, which indicates that it is an inland port linked to the sea through a river.

  • Question 5
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    By which year General Agreement on Tariffs and Trade (GATT) was signed ?

    Solution

    On 30 October 1947, the General Agreement on Tariffs and Trade (GATT) was signed by 23 nations at the Palais des Nations in Geneva.

  • Question 6
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    How many members are there in the World Trade Organization (WTO) _____________.

    Solution

    The WTO has 164 members, accounting for 98% of world trade.

  • Question 7
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    Which of the following is an example of an out port?

    Solution

    Athens and its out port Piraeus as an example of an out port. Piraeus serves the parent port by receiving ships that are unable to approach the main port due to their large size.

  • Question 8
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    What is cited as a key factor influencing international trade based on differences between countries?

    Solution

    Cultural factors as one of the influences on international trade.

  • Question 9
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    Which regional bloc focuses on accelerating economic growth, cultural development, and regional stability?

    Solution

    ASEAN's objectives include accelerating economic growth, cultural development, and promoting peace and regional stability.

  • Question 10
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    Which type of port primarily serves as collection centers for goods brought from different countries for export?

    Solution

    Entrepot ports are collection centers where goods are brought from different countries for export. Examples include Singapore for Asia, Rotterdam for Europe, and Copenhagen for the Baltic region.

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