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11. An investment is believed to be risky if
(A) it is dangerous
(B) it has low returns
(C) its returns are uncertain
(D) its raw material is unavailable

12. The World Bank has two goals: to promote shared prosperity in a sustainable way, and to
(A) end extreme poverty
(B) reduce difference between rich and poor
(C) invest on health and education
(D) combat deadliest diseases

13. The World Bank provides loans and grants to pursue
(A) balance of payments
(B) capital projects
(C) exports
(D) education and health related projects

14. GATT is an abbreviation for
(A) General Agreement on Transport and Trade
(B) General Agreement on Tariffs and Trade
(C) Generally Accepted Telegraphic Transfer
(D) Generally Accepted on Trade and Telegraph

15. The headquarter of World Trade Organization (WTO) is located in
(A) London
(B) New York
(C) Washington
(D) Geneva

ANSWERS: COMMERCE QUIZ
11. (C) its returns are uncertain
12. (A) end extreme poverty
13. (B) capital projects
14. (B) General Agreement on Tariffs and Trade
15. (D) Geneva

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