Definitions
Food used in Modern Day Trading
Examples of Modern Day Trading
Improvement of trade agreement
100

What is a free trade agreement?

A free trade agreement is a pact between two or more nations to reduce barriers to imports and exports.

100

 This is the hotel industry is the primary source of demand

Meat

100

What is (NAFTA)?

North American Free Trade Agreement and it was established a free-trade zone in North America; it was signed in 1992 by Canada, Mexico, and the United States and took effect on Jan. 1, 1994.

100

One way of improving trade?

Creation of duty drawback schemes.

200

What is a CARIFTA?

The Caribbean Free Trade Association (CARIFTA) was founded by Antigua and Barbuda, Barbados, Guyana, and Trinidad and Tobago on 15 December 1965.

200

These imports remain popular, as demand in the hotel/restaurant and retail sectors remains high.

Fruits/Vegetables

200

What is CAFTA-DR?

Central American-Dominican Republic Free Trade it constitutes the first free trade agreement between the United States and a small group of developing countries

200

Another way of improving trade?

Improving cooperation among economic actors.

300

What is a policy?

A course or principle of action adopted or proposed by an organization or individual.

300

The United States competes with European producers for this product?  

Alcohol

300

Which Countries does CARICOM has bilateral trade agreements with?

Costa Rica, Cuba, the Dominican Republic, Colombia, and Venezuela.

300

What type of improvement does "Supply Chain Logistics." refer to?

Improving International trade

400

What is international trading?

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product.

400

Trinidad and Tobago is in charge of this product?

Processed Snacks

400

What arrangement does Jamaica have with the preferential tariff arrangements with the United States?

The Caribbean Basin Economic Recovery Act (CBERA)

400

 In order to have ease of trading you should?

simplify regulation

500

What is trading?

Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money.

500

The imports of these products may, however, increase during times of scarcity.

Tomatoes, carrots, cabbages, melons, and lettuce

500

What is the European Union?

The EU manages trade relations with third countries in the form of trade agreements

500

We would not have modernized trade agreements without improvements, true or false?

True

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