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The reserves account is a record of direct investment, portfolio investment, and short-term capital movements to and from countries. True False

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United States Combating Use of Standards as Trade Barriersby Benjamin H. Wu, accessed from usinfo.state.gov/xarchivesSince standards and technical regulations affect over 80 percent of global commodity trade, domestic source restrictions by foreign governments, in the form of standards as trade barriers, are a concern and have prompted the Department of Commerce to take recent action.The U.S. Department of Commerce, along with the Department of State and Office of the U.S. Trade Representative, have been working hard to ensure that U.S. software companies continue to have access to Chinese government customers. We will continue to work vigorously to achieve this goal. In promoting free trade, the author seems to be supporting(A)

Which of the following is a basic criticism of global financial institutions? A. They failed to focus on the aim of reducing inequalities between the rich and the poor countries.B. They failed to help the Asian countries substantially when they underwent a major financial crisis in the 1990s.C. They failed to respect the autonomy of member nations by deeming any bilateral agreements between members as illegal if made without their approval.D. They failed to foresee and counter the unintended effects of globalization like pollution, exploitation, and cultural extinction.E. They failed to suppress the terrorists who were responsible for the attack in London that coincided with the G8 summit.

Free trade increases sales and profits for U.S. businesses, thus strenghtening the economy. Free trade creates U.S. middle-class jobs over the longterm.Free trade is an opportunity for the U.S. to provide financial help to some of the world's poorest countries. Who would be MOST critical of these statements about Free Trade Agreements?(C)

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