Global Integration Processes

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Global Integration Processes

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Tatiana Simbaña

Ecuador

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Froggy Jumps Global Integration ProcessesVersión en línea Global Integration Processes por Tatiana Simbaña 1 1: What is the integration step where countries give a partial discount on taxes for only a few specific products? a Free Trade Area b Common Market c Preferential Trade Area 2 2: In a Free Trade Area, how much tax (tariffs) do member countries pay to sell products between each other? a 50% b 12% c 0% 3 3: What is a Customs Union? a A club for rich countries. b When members agree to charge the SAME tax to countries outside the group. c An emergency room for money. 4 In a Common Market, what is a major benefit for citizens? a They can travel, work, and live in any member country legally. b They get free food. c They change their flags. 5 5: What type of products does Ecuador export (sell) to the European Union? a Food and resources like bananas, shrimp, and flowers. b High-tech machinery, industrial engines, and medicine. c Computers and cars. 6 6: Why does Ecuador need a trade agreement with Europe? a To stop using the dollar. b To buy technology and machinery cheaper and sell our food c To travel without a passport. 7 7: Which organization works for world peace and human rights? a UN b IMF c WTO 8 The IMF (International Monetary Fund) is famous because it gives... a Long-term loans to build schools. b Rules for international flights. c Emergency loans to countries in extreme financial crises. 9 9: If Ecuador needs money to build a long-term project like a Hydroelectric Dam, which agency helps? a WTO b OECD c World Bank 10 10: Which financial organization focuses ONLY on development projects in Latin America and the Caribbean? a UN b World Bank c IDB

Froggy Jumps

Global Integration ProcessesVersión en línea

Global Integration Processes

por Tatiana Simbaña

1: What is the integration step where countries give a partial discount on taxes for only a few specific products?

Free Trade Area

Common Market

Preferential Trade Area

2: In a Free Trade Area, how much tax (tariffs) do member countries pay to sell products between each other?

50%

12%

3: What is a Customs Union?

A club for rich countries.

When members agree to charge the SAME tax to countries outside the group.

An emergency room for money.

In a Common Market, what is a major benefit for citizens?

They can travel, work, and live in any member country legally.

They get free food.

They change their flags.

5: What type of products does Ecuador export (sell) to the European Union?

Food and resources like bananas, shrimp, and flowers.

High-tech machinery, industrial engines, and medicine.

Computers and cars.

6: Why does Ecuador need a trade agreement with Europe?

To stop using the dollar.

To buy technology and machinery cheaper and sell our food

To travel without a passport.

7: Which organization works for world peace and human rights?

IMF

WTO

The IMF (International Monetary Fund) is famous because it gives...

Long-term loans to build schools.

Rules for international flights.

Emergency loans to countries in extreme financial crises.

9: If Ecuador needs money to build a long-term project like a Hydroelectric Dam, which agency helps?

WTO

OECD

World Bank

10: Which financial organization focuses ONLY on development projects in Latin America and the Caribbean?

World Bank

IDB

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Global Integration Processes

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Global Integration ProcessesVersión en línea

por Tatiana Simbaña

1: What is the integration step where countries give a partial discount on taxes for only a few specific products?

2: In a Free Trade Area, how much tax (tariffs) do member countries pay to sell products between each other?

3: What is a Customs Union?

In a Common Market, what is a major benefit for citizens?

5: What type of products does Ecuador export (sell) to the European Union?

6: Why does Ecuador need a trade agreement with Europe?

7: Which organization works for world peace and human rights?

The IMF (International Monetary Fund) is famous because it gives...

9: If Ecuador needs money to build a long-term project like a Hydroelectric Dam, which agency helps?

10: Which financial organization focuses ONLY on development projects in Latin America and the Caribbean?

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