Which of the following are major public global government agencies for trade and finance?

Related Mcqs:

1. Order the following events in global trade and finance i.Establishment of electronic of electronic stock exchange ii.Formation of WTO III.The first McDonalads

   A. i, ii, iii
   B. ii, iii, i
   C. iii, i, ii
   D. iii, ii, i

2. Many states’ foreign policies are influenced by _________ a practice of centuries past in which trade and foreign economic policies were manipulated to build up a monetary surplus that could be used to finance war.

   A. corporatism
   B. mercantilism
   C. despotism
   D. capitalism

3. Apart from the WTO, most international trade is governed by more specific international agreements: bilateral trade agreements and:

   A. global trade agreements
   B. reciprocity
   C. regional trade agreements
   D. interdependence

4. Government assistance that flows to third world countries through UN agencies is called:

   A. unitary aid
   B. indirect aid
   C. reciprocal aid
   D. multilateral aid

5. What global organization was founded in the Treaty of Versailles and sough to guarantee global peace through “collective security”?

   A. United Nations
   B. SEATO
   C. Freedom House
   D. League of Nations

6. Which of these regions is NOT part of the larger global region known as the global North?

   A. North America
   B. Western Europe
   C. the Middle East
   D. Japan

7. Define public ‘goods’ and public ‘bads’.

   A. Public goods are those in which unrestrained market competition is not effective (i.e. hospitals). Public bads are the result unrestrained market competition (i.e. pollution)
   B. Public goods are those goods that are free for the public. Public bads are those that are extremely expensive
   C. Public goods are positive intangible sentiments widespread in the public (i.e. happiness, pride, nationalism). Public bads are negative attributes that are widespread in the public (i.e. violence, crime)
   D. All of the above

8. Trade in services includes which of the following?

   A. computer hardware
   B. insurance
   C. weapons
   D. textiles

9. Which of the following is a possible consequence of global warming?

   A. An increase in chlorofluorocarbons in the atmosphere
   B. A global temperature increase of three to ten degrees Fahrenheit
   C. An increase in ultraviolet radiation reaching the Earth’s surface
   D. A global temperature increase of ten to fifteen degrees Celsius

10. What is global sourcing?

    A. Companies export material throughout the global
    B. Companies find materials, components and services from anywhere in the world
    C. Companies pool resources to find new sources
    D. None of the above