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Presidential Trade Policies

Presidential Trade Policies Quiz

15 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

Which President signed the North American Free Trade Agreement (NAFTA) into law?

  1. Ronald Reagan
  2. George H.W. Bush
  3. Bill Clinton
  4. George W. Bush
Question 2 Multiple Choice (Single Answer)

What is the purpose of the Generalized System of Preferences (GSP)?

  1. To provide preferential tariff treatment to developing countries
  2. To promote free trade between developed countries
  3. To protect domestic industries from foreign competition
  4. To raise revenue for the government
Question 3 Multiple Choice (Single Answer)

Which President implemented the Smoot-Hawley Tariff Act?

  1. Herbert Hoover
  2. Franklin D. Roosevelt
  3. Harry S. Truman
  4. Dwight D. Eisenhower
Question 4 Multiple Choice (Single Answer)

What is the purpose of the Trade Adjustment Assistance (TAA) program?

  1. To provide financial assistance to workers who have lost their jobs due to foreign competition
  2. To provide financial assistance to businesses that have lost revenue due to foreign competition
  3. To provide financial assistance to farmers who have lost crops due to foreign competition
  4. To provide financial assistance to consumers who have been harmed by foreign competition
Question 5 Multiple Choice (Single Answer)

Which President signed the Trade Act of 1974?

  1. Richard Nixon
  2. Gerald Ford
  3. Jimmy Carter
  4. Ronald Reagan
Question 6 Multiple Choice (Single Answer)

What is the purpose of the Trade Promotion Authority (TPA)?

  1. To give the President authority to negotiate trade agreements without congressional approval
  2. To give the President authority to impose tariffs on imports
  3. To give the President authority to provide financial assistance to workers who have lost their jobs due to foreign competition
  4. To give the President authority to provide financial assistance to businesses that have lost revenue due to foreign competition
Question 7 Multiple Choice (Single Answer)

Which President signed the Uruguay Round Agreements Act (URAA)?

  1. Bill Clinton
  2. George H.W. Bush
  3. Ronald Reagan
  4. Jimmy Carter
Question 8 Multiple Choice (Single Answer)

What is the purpose of the World Trade Organization (WTO)?

  1. To promote free trade among its member countries
  2. To resolve trade disputes between its member countries
  3. To provide financial assistance to developing countries
  4. To promote economic development in developing countries
Question 9 Multiple Choice (Single Answer)

Which President signed the African Growth and Opportunity Act (AGOA) into law?

  1. Bill Clinton
  2. George W. Bush
  3. Barack Obama
  4. Donald Trump
Question 10 Multiple Choice (Single Answer)

What is the purpose of the Generalized System of Preferences (GSP)?

  1. To provide preferential tariff treatment to developing countries
  2. To promote free trade between developed countries
  3. To protect domestic industries from foreign competition
  4. To raise revenue for the government
Question 11 Multiple Choice (Single Answer)

Which President signed the Trade Act of 2002?

  1. George W. Bush
  2. Bill Clinton
  3. Barack Obama
  4. Donald Trump
Question 12 Multiple Choice (Single Answer)

What is the purpose of the Trade Adjustment Assistance (TAA) program?

  1. To provide financial assistance to workers who have lost their jobs due to foreign competition
  2. To provide financial assistance to businesses that have lost revenue due to foreign competition
  3. To provide financial assistance to farmers who have lost crops due to foreign competition
  4. To provide financial assistance to consumers who have been harmed by foreign competition
Question 13 Multiple Choice (Single Answer)

Which President signed the Trade Promotion Authority (TPA) into law in 2015?

  1. Barack Obama
  2. George W. Bush
  3. Bill Clinton
  4. Donald Trump
Question 14 Multiple Choice (Single Answer)

What is the purpose of the Trans-Pacific Partnership (TPP)?

  1. To promote free trade among its member countries
  2. To resolve trade disputes between its member countries
  3. To provide financial assistance to developing countries
  4. To promote economic development in developing countries
Question 15 Multiple Choice (Single Answer)

Which President withdrew the United States from the TPP?

  1. Donald Trump
  2. Barack Obama
  3. George W. Bush
  4. Bill Clinton
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