Knowee
Questions
Features
Study Tools

What is one major goal of U.S. economic foreign policy?A.Increasing wealth gapsB.Regulating the International Monetary FundC.Avoiding trade blocsD.Creating trade agreementsSUBMITarrow_backPREVIOUS

Question

What is one major goal of U.S. economic foreign policy?A.Increasing wealth gapsB.Regulating the International Monetary FundC.Avoiding trade blocsD.Creating trade agreementsSUBMITarrow_backPREVIOUS

🧐 Not the exact question you are looking for?Go ask a question

Solution

To answer the question step by step, let's analyze each option provided:

A. Increasing wealth gaps: This is unlikely to be a major goal of U.S. economic foreign policy, as increasing wealth gaps would generally be seen as a negative outcome rather than a goal.

B. Regulating the International Monetary Fund: While the U.S. does play a significant role in the International Monetary Fund (IMF), regulating it is not typically described as a major goal of U.S. economic foreign policy. The IMF is an international organization with its own governance structure.

C. Avoiding trade blocs: Trade blocs are agreements between countries to reduce barriers to trade among the member countries. Avoiding trade blocs would not align with the general trend of promoting free trade and economic cooperation.

D. Creating trade agreements: This is a major goal of U.S. economic foreign policy. Trade agreements are designed to reduce barriers to trade, increase market access, and promote economic growth. The U.S. has historically pursued numerous trade agreements to achieve these objectives.

Based on this analysis, the correct answer is:

D. Creating trade agreements

This problem has been solved

Similar Questions

What foreign policy goal does the United States advance by participating in the World Bank?A.Improving trade with its close neighborsB.Promoting military defense of itself and its alliesC.Cooperating with other nations to solve global problemsD.Helping poor nations develop economically

Which of the following are goals of monetary policy?Group of answer choicesMaximising the value of the dollar relative to other currencies, economic growth, and high employmentPrice stability, maximising the value of the dollar relative to other currencies, and high employmentPrice stability, economic growth, and high employmentPrice stability, economic growth, and maximising the value of the dollar relative to other currencies

Goals of macroeconomic policy

Which statement illustrates how national interest shapes U.S. economic foreign policy?A.The United States fights terrorism to protect Americans from harm.B.The United States helps poor nations develop economically to create new markets for U.S. goods.C.The United States promotes free trade to cause other nations to become less self-sufficient.D.The United States uses military force to ensure that American workers have no meaningful competition.

After World War II, the United States has pursued a broad policy ofA) removing barriers to international trade.B) restricting trade of manufactured goods.C) isolating Iran and other members of the "axis of evil."D) protecting the U.S. from the economic impact of oil producers.E) strengthening "Fortress America" protectionism

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.