Week 4

Question 1

International Trade Agreements - Definition

Answer 1

Countries arrangements to increase exchange

Question 2

International Trade Agreements - How They Work

Answer 2

Apply less protection measures to export policies – taxes / restrictions - (and vice versa

Question 3

International Trade Agreements - Types

Answer 3

RTA - Regional Trade Agreement
PTA - Preferential Trade Agreement

Question 4

Global Competitiveness Report

Answer 4

Measured by World Economic Forum (WEF) on 144 countries

Question 5

Global Competitive Index

Answer 5

captures the microeconomic and macroeconomic of national competitiveness

Question 6

Global Competitive Ranking (WCY)

Answer 6

Is a comprehensive annual report and worldwide reference point on the competitiveness of countries

Question 7

National Competitive Advantages

Answer 7

Assessment on nation’s ability to competitively participate in international markets

Question 8

National Competitive Advantages - Mexico

Answer 8

• Health
• Government
• Economy

Question 9

Porter’s Diamind Model

Answer 9

Factor Conditions
Firm Stratefy
Related Industries
Demand Conditions