DIŞ TİCARET

Bretton Woods Conference held in July 1944 so as to discuss postwar international economic order. Correct answer is A.

The aim of World Bank has altered from reconstruction to development. Correct answer is B.

International Monetary Fund (IMF) was founded to ensure and sustain the stability of the international monetary system. Correct answer is C.

Regarding Turkey’s status within the Bretton Woods structure, Turkey has been a member of the World Bank since 11 March 1947. Correct answer is D.

The first Standby Arrangement with the IMF dates back to 1 January 1961. Since then, Turkey has concluded nineteen Standby Arrangements and the latest one was agreed on 11 May 2005 and expired on 10 May 2008. Correct answer is E.

As of 2019, the number of the WTO member countries increased to one hundred sixty-four. Correct answer is A.

Both the GATT and the WTO defend freer trade not intervention trade. Correct answer is B.

Export subsidies are subsidies that are given to an exporting firm by the government. Correct answer is C.

Red tape is a term that refers to the excessive bureaucratic requirements and implementations of the countries. Correct answer is D.

One of the most important dynamic effects of customs union is increased competition. Correct answer is E.