What is the purpose of the general agreement on tariffs and


1. Shares of company stock awarded after a fixed period of years if individual and company performance goals are met are called:

time shares.

performance shares.

stock options.

restricted stock.

2. The Environmental Protection Agency:

is a legislative branch regulatory agency.

was created in 1990 to protect fragile industries against foreign competitors.

writes detailed, specific rules needed to make environmental laws work.

cannot enforce rules directly on corporations.

3. What is the purpose of the General Agreement on Tariffs and Trade (currently known as WTO framework)?

To devalue currencies and limit cross-border movement of funds.

To overcome shortages of private capital to make loans for rebuilding war-torn nations.

To raise the cost of imports, making them less competitive with similar domestic goods.

To expand trade by eliminating discriminatory barriers.

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