Question for Practice Test: Reading Comprehension - 99 Question _index_: Which of the following best describes the organization of the passage? A. An argument is put forth and evidence for and against it given. B. An assertion is made and opposing evidence presented. C. Two hypotheses are described and shown to inconsistent with one another. D. A phenomenon is identified and illustrations of this phenomenon offered. E. A specific case of a phenomenon is discussed a generalization drawn View Solution

An argument is put forth and evidence for and against it given.

An assertion is made and opposing evidence presented.

Two hypotheses are described and shown to inconsistent with one another.

A phenomenon is identified and illustrations of this phenomenon offered.

A specific case of a phenomenon is discussed a generalization drawn

Question for Practice Test: Reading Comprehension - 99 Question _index_: According to the passage, one similarity between the FTA and Europe 1992 is that they both A. overcame concerns about the role of politics in the shifting world economy B. originated out of concern over unfair trade practices by other nations C. exemplify a trend toward regionalization of commercial markets D. place the economic needs of the trading bloc ahead of those of the member nations E. help to ensure the continued economic viability of the world community View Solution

overcame concerns about the role of politics in the shifting world economy

originated out of concern over unfair trade practices by other nations

exemplify a trend toward regionalization of commercial markets

place the economic needs of the trading bloc ahead of those of the member nations

help to ensure the continued economic viability of the world community

Question for Practice Test: Reading Comprehension - 99 Question _index_: The primary purpose of the passage as a whole is to A. describe an initiative and propose its continuance B. chronicle a development and illustrate its inconsistencies C. identify a trend and suggest its importance D. summarize a process and question its significance E. report a phenomenon and outline its probable future View Solution

describe an initiative and propose its continuance

chronicle a development and illustrate its inconsistencies

identify a trend and suggest its importance

summarize a process and question its significance

report a phenomenon and outline its probable future

Question for Practice Test: Reading Comprehension - 99 Question _index_: The author discusses the FTA and Europe 1992 most likely in order to A. point out the similarities between two seemingly disparate trading alliances B. illustrate how different economic motivations produce different types of trading blocs C. provide contrasting examples of a trend that is influencing the world economy D. identify the most important characteristics of successful economic integration E. trace the history of regional trading blocs View Solution

point out the similarities between two seemingly disparate trading alliances

illustrate how different economic motivations produce different types of trading blocs

provide contrasting examples of a trend that is influencing the world economy

identify the most important characteristics of successful economic integration

trace the history of regional trading blocs

Question for Practice Test: Reading Comprehension - 99 Question _index_: The passage suggests which of the following about global corporations? A. Their continued growth depends on the existence of a fully integrated international market. B. Their potential effect on the world market is a matter of ongoing concern to international institutions. C. They will have to assume quasi-governmental functions if current economic trends continue. D. They have provided a model of economic success for regional trading blocs. E. Their influence on world economics will continue to increase. View Solution

Their continued growth depends on the existence of a fully integrated international market.

Their potential effect on the world market is a matter of ongoing concern to international institutions.

They will have to assume quasi-governmental functions if current economic trends continue.

They have provided a model of economic success for regional trading blocs.

Their influence on world economics will continue to increase.

Question for Practice Test: Reading Comprehension - 99 Question _index_: Which of the following can be inferred from the passage about the European Community prior to the adoption of the Europe 1992 program? A. There were restrictions on commerce between the member nations. B. The economic policies of the member nations focused on global trading issues. C. There were few impediments to trade between the member nations and the United States. D. The flow of goods between the member nations and Canada was insignificant. E. Relations between multinational corporations and the governments of the member nations were strained. View Solution

There were restrictions on commerce between the member nations.

The economic policies of the member nations focused on global trading issues.

There were few impediments to trade between the member nations and the United States.

The flow of goods between the member nations and Canada was insignificant.

Relations between multinational corporations and the governments of the member nations were strained.

Question for Practice Test: Reading Comprehension - 99 Question _index_: According to the passage, all of the following are elements of the shifting world economy EXCEPT A. an alteration in the role played by governments B. an increase in interaction between national governments and international regulatory institutions C. an increase in the formation of multinational trading alliances D. an increase in integration in the two richest markets of the world E. a fear of increasing United States protectionism View Solution

an alteration in the role played by governments

an increase in interaction between national governments and international regulatory institutions

an increase in the formation of multinational trading alliances

an increase in integration in the two richest markets of the world

a fear of increasing United States protectionism

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