International Trade Theory and Policy
by Steven M. Suranovic

Trade 20

Trade 20

Trade Questions Jeopardy 20-1

DIRECTIONS: As in the popular TV game show, you are given an answer to a question and you must respond with the question. For example, if the answer is, "a tax on imports", then the correct question is, "What is a tariff?"


  1. US government agency which judges whether injury has occurred to aggrieved domestic firms.
  2. A tariff used to offset the effects of a foreign government export subsidy.
  3. US branch of government with the constitutional authority to regulate commerce with foreign nations.
  4. The international agreement established in 1948 designed to foster trade liberalization.
  5. US government position currently held by Susan Schwab (as of August 2007).
  6. The US legislative act in the 1930s which gave the President authority to negotiate bilateral trade liberalization agreements.
  7. When foreign firms sell their products at less than reasonable value in another country.
  8. Common name for the US Tariff Act of 1930.
  9. US government agency which investigates Section 301 petitions.
  10. US government position currently held by Carlos Gutierrez (as of August 2007).

International Trade Theory and Policy - Chapter 20: Last Updated on 8/11/07