Economy
True or False
The Bell Trade Act also known as Philippine Trade Act of 1944.
False. 1946
A trade and economic agreement between the Philippines and the United States that revised the Bell Trade Act of 1946.
A. Tydings McDuffie Act
B. Laurel-Langley Agreement
C. Foreign Investment Act
D. Philippines Trade Act of 1946
Laurel-Langley Agreement
Allowed the U.S. to maintain military bases in the Philippines for 99 years.
A. Mutual Defense Treaty
B. Military Bases Agreement
C. Enhanced Defense Cooperation Agreement
D. US-Philippines Bilateral Defense
Military Bases Agreement
He traveled to the US to meet General Douglas MacArthur to coordinate with American officials in 1944
A. Sergio Osmena
B. Manuel Roxas
C. Manuel Quezon
D. Jose P. Laurel
President Sergio Osmeña
During the presidential elections in 1949, Jose P Laurel was a nominee and member of what party?
A. Nationalista Party
B. Liberal Party
C. Democratic Party
D. Modernist Party
Nationalista Party
What date and year did the United States formally recognize Philippine Independence?
A. June 12, 1946
B. July 12, 1946
C. June 4, 1946
D. July 4, 1946
July 4, 1946
During the enactment of the Bell Trade Act, the US pegged the Philippine peso at a rate of?
A. PHP2.5:USD1
B. PHP3:USD1.5
C. PHP2:USD1
D. PHP1:USD1
PHP2:USD1
True or False.
Laurel accused Quirino for having accumulating 81 Million USD
False (USD80 Million)
With what act in 1946, granted the country US Aid as a payment for war damages and economic assistance?
A. Bell Trade Act
B. Philippine Rehabilitation Act
C. Military Assistance Agreement
D. Visiting Forces Agreement
Philippine Rehabilitation Act
What product was given a declining duty-free tariff quota in the agreement which the Philippines have been producing 120,000 long tons?
A. Tobacco
B. Coconut Oil
C. Petroleum Gasoline
D. Mangoes
Coconut Oil
In what year did Manuel Roxas grant amnesty to Jose P Laurel?
A. 1947
B. 1949
C. 1951
D. 1948
1948
What Republic Act prohibits a person, association, partnership or corporations that is not wholly owned by citizens of the Philippines to engage directly or indirectly in the retail business?
A. Philippine Competition Act/RA 10667
B. Retail Trade Nationalization Act/RA 1180
C. Promoting Ease of Doing Business Act/RA 11032
D. Foreign Investment Act/RA 7042
Retail Trade Nationalization Act or Republic Act of 1180
Which US President authorized the Laurel-Langley Agreement?
A. Dwight D. Eisenhower
B. Harry Truman
C. Franklin Roosevelt
D. John F. Kennedy
President Dwight D. Eisenhower
After Laurel's loss with Quirino, what year did he ran for Senate in the elections?
A. 1950
B. 1951
C. 1949
D. 1952
1951
The Laurel-Langley Agreement Act delayed our economic independence not until the agreement expired in what year?
A. 1945
B. 1975
C. 1968
D. 1974
1974