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ARE YOU FINANCIALLY LITERATE? CHAPTERS 15-17

executive (presidential) 27. The Office of the U.S. Trade Representative (USTR) is an ____________________________ branch agency which develops and negotiates trade agreements. 28. The International Trade Administration (ITA) is: a. a division of the Commerce Department b. handles the day-to-day administration of U.S. trade agreements agreements c. monitoring foreign companies’ compliance in the U.S., and advocating for American businesses overseas d. all of the above 29. What does the “G” and “8” (or 7) stand for? _ ____________________________________________________________________ 30. The G8 may permanently become the G7. Who’s out and why? _ ____________________________________________________________________ 31. Name the G7 countries. _ ____________________________________________________________________ 32. Circle the five adjectives or phrases that best describe G7 membership criteria. developing democratically-minded socialist communist major environmentally-minded industrialized poverty-stricken oil-producing agricultural expansionist Christian Prime Ministers and Presidents only! not be Russia 33. Who attends a G7 (formerly G8) meeting? List 3 topics that might be on the G7 meeting agenda. _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ 34. The stock quote of a popular retail apparel company showed: Net Chg  0.42. What does that mean? Is it expressed in dollars or percentages? _ ____________________________________________________________________ _ ____________________________________________________________________ _ ____________________________________________________________________ Group of 8 (nations) Russia for annexation of Crimea Canada, U.S., Japan , UK, Germany, Italy, France Only presidents and prime ministers attend. They freely and informally discuss a variety of world issues, such as economics, the environment, immigration , terrorism, poverty and conflict. It means net change – the difference , in dollars, between the closing price of a security on the day’s trading and the previous day’s closing price . PRODUCT PREVIEW

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333 THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY

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