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comercio > examen 3 semestre > Flashcards

examen 3 semestre Flashcards

1
Q

Regulate and promote foreign trade, increase the competitiveness of the national economy, promote efficient use of the country’s productive resources, integrate the mexican economy with the international one, defend the productive plant of unfair practices and contribute to the welfare of the population.

A

the main objective of foreign trade

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2
Q

what does the article 4 of foreign trade law tell us?

A

right to establish measures

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3
Q

who is the one that can put restrictive measures?

A

the government of the republic

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4
Q

whats the purpose of the foreign trade law?

A

regulate and promote foreign trade

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5
Q

who can propose tariff modifications to the executive power?

A

the ministry of economy

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6
Q

what are ad-valorem tariffs?

A

fixed percentage of the good imported

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7
Q

What is the formula to calculate a country’s GDP?

A

GDP= C + I + G + X - I

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8
Q

What is one of the main customs related authority in Mexico?

A

SAT

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9
Q

Which customs-related law is a legal instrument through which Mexican commercial policy is
defined?

A

General Import and Export Tax Law (LIGIE)

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10
Q

What is the treaty with which the WTO was created?

A

The Marrakesh Agreement

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11
Q

What does GATT stand for?

A

General Agreement on Tariffs and Trade

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12
Q

Which scheme regulates dispute settlement in the WTO?

A

The Uruguay round agreement

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13
Q

When was formally initiated the Process of Accession of Mexico to the GATT

A

1985

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14
Q

In the round of negotiations what
happened in Ginebra 1947?

A

Formation of GATT

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15
Q

Which is NOT part of the WTO’s administrative
structure?
1. the ministerial conference
2. the general conference
3. the general council

A

The general conference

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16
Q

How many parts does the GATT had?

A

4

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17
Q

How many international observer organization does the WTO currently have?

A

7

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18
Q

Why did the prices go up so drastically in 1917?

A
  • the demand of raw materials
  • shipping complications
  • the discontinuance of trade with some nations
19
Q

Mention the greatest trade flows in the world in 1913

A

canada and US to the UK

20
Q

What treaty made official the alliance between the Austro-Hungarian and German empires?

A

The austro-german treaty

21
Q

which countries signed the Entente Cordiale?

A

France and Britain

22
Q

When did globalization completely recovered after WWI?

A

1970

23
Q

With the dissolution of which empire the exports dropped drastically from 1913-1923?

A

Russian empire

24
Q

What was the commercial Pre-WWI period called?

A

The price depression

25
Q

What was the country that wanted to impose itself in the historical period “imperialism”?

A

The UK

26
Q

When did the Great Depression ocurred?

A

thursday 24 of october of 1929

27
Q

Which plan helped resolve the Great Depression

A

new deal

28
Q

It reÿers to conflicts between different nation-states and conflicts between people and organizations in different nation-states.

A

international conflict

29
Q

There are main reasons of why an International Conflict occurs, how many are they?

A

5

30
Q

How do conflicts indirectly affect the population?

A

Through detrimental impacts on political and social institutions and destruction of infrastructure.

31
Q

how do conflicts impact trade ?

A

increasing the sales of the country in conflict

32
Q

Why does an armed conflict taking place on another continent affect inflation on our continent?

A

because the countries involved are major exporters of commodities in our country

33
Q

Why is international trade affected by armed conflicts that take place between only 2 countries?

A

because it affects the import and export of these countries and the closing of borders and ports

34
Q

What are the two types of armed conflicts?

A

national and international

35
Q

How does international armed conflicts affect foreign trade?

A

Supply chains, imports and exports, increase of prices of goods

36
Q

What are International Conflict Resolutions concerned about?

A

remove tension between states

37
Q

how many years are calculated to have had no war

A

270

38
Q

Goods which add to or subtract from the
stock of material resources of a country by entering or leaving its economic territory

A

trading goods

39
Q

which is an example of consumption abroad?

A

having a medical procedure done in another country

40
Q

In what year did The General Agreement on
Trade in Services (GATS) treaty come into
force?

A

1995

41
Q

Which of the following was NOT an
objective of the Uruguay Round?
a. Reducing agricultural subsidies
b. Lifting restrictions on foreign investment
c. Begin the process of opening trade in
services
d. Encourage sustainable trade development

A

d. Encourage sustainable trade development

42
Q

The most favored nation (MFN) principle means that all countries should treat all their trade partners

A

equally

43
Q

Which of these GATT principles said that
all member countries have the same status?

A

Principle of equality among states

comercio (6 decks)

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