ASEAN and Asian Economies Quiz
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Questions and Answers

What action finally stabilized the Asian economies after the crises, according to the text?

  • Creation of the Warsaw Pact
  • Intervention by the United States
  • Formation of NATO
  • Establishment of an emergency fund by ASEAN countries (correct)
  • Which organization acted as a military alliance to isolate Vietnam after the Vietnam War?

  • NATO
  • ASEAN (correct)
  • Non-Aligned Movement (NAM)
  • Organization of the Petroleum Exporting Countries (OPEC)
  • What is a characteristic of 'New Regionalism' as described in the text?

  • Opposes any form of economic cooperation
  • Exclusively revolves around territorial defense issues
  • Focused on maintaining the status quo of traditional institutions
  • Involvement of a variety of state and nonstate actors (correct)
  • Which entity may opt to partner with governments to initiate social change, based on the text?

    <p>Non-governmental Organization (NGOs)</p> Signup and view all the answers

    Which entity is associated with 'New Regionalism'?

    <p>Tiny associations focusing on single causes</p> Signup and view all the answers

    What was the main outcome of the crises on ASEAN, according to the text?

    <p>&quot;Unification and coordination&quot;</p> Signup and view all the answers

    What was the main reason the Non-Aligned Movement (NAM) was created in 1961?

    <p>To pursue world peace, international cooperation, and independence from superpower politics</p> Signup and view all the answers

    What was the primary motivation behind the creation of OPEC?

    <p>To establish a source of immense power through oil integration</p> Signup and view all the answers

    Why did the Thai economy collapse in 1996?

    <p>As a result of foreign currency speculators and troubled international banks demanding loan repayments</p> Signup and view all the answers

    What differentiated the Non-Aligned Movement (NAM) from other global associations during its inception?

    <p>It avoided aligning with Western capitalist democracies or communist states</p> Signup and view all the answers

    Which two continents were most affected by the economic crises that spread after the collapse of the Thai economy in 1996?

    <p>Asia and Africa</p> Signup and view all the answers

    What was the geographical focus of OPEC-member countries according to the provided text?

    <p>Middle Eastern countries and some regions in Africa</p> Signup and view all the answers

    What was the purpose of establishing the North Atlantic Treaty Organization (NATO) during the Cold War?

    <p>To protect Europe against the threat of the Soviet Union</p> Signup and view all the answers

    Which countries were part of the Warsaw Pact, a defense grouping created in response to NATO?

    <p>Eastern European countries under Soviet domination</p> Signup and view all the answers

    What was the main motivation behind the establishment of the Organization of the Petroleum Exporting Countries (OPEC) in 1960?

    <p>To regulate the production and sale of oil</p> Signup and view all the answers

    How did OPEC flex its muscles in the 1970s?

    <p>By taking over domestic oil production and controlling crude oil prices globally</p> Signup and view all the answers

    What is a key characteristic of the Non-Aligned Movement (NAM)?

    <p>Not being aligned with any major power bloc during the Cold War</p> Signup and view all the answers

    Which term best describes the pressures faced by superpowers during the Cold War era?

    <p>Geopolitical competition and ideological conflicts</p> Signup and view all the answers

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