31. Which of the following is not a criterion for determining anti-dumping duties?
a) Price discrimination
b) Material injury to domestic industry
c) Dumping margin
d) Currency exchange rates
32. A trade surplus can be used to:
a) Finance infrastructure development
b) Reduce unemployment rates
c) Increase imports of luxury goods
d) Lower trade barriers
33. The term “balance of trade” refers to the:
a) Difference between imports and exports of goods and services
b) Difference between government revenue and expenditure
c) Difference between foreign assets and liabilities
d) Difference between national income and consumption
34. The Agreement on Agriculture is a WTO agreement that aims to:
a) Eliminate agricultural subsidies
b) Promote sustainable farming practices
c) Increase import quotas for agricultural products
d) Regulate food safety standards
35. Which of the following is an example of a non-tariff trade barrier?
a) Import duties
b) Export subsidies
c) Quotas
d) Trade missions
