18 Questions
What action finally stabilized the Asian economies after the crises, according to the text?
Establishment of an emergency fund by ASEAN countries
Which organization acted as a military alliance to isolate Vietnam after the Vietnam War?
ASEAN
What is a characteristic of 'New Regionalism' as described in the text?
Involvement of a variety of state and nonstate actors
Which entity may opt to partner with governments to initiate social change, based on the text?
Non-governmental Organization (NGOs)
Which entity is associated with 'New Regionalism'?
Tiny associations focusing on single causes
What was the main outcome of the crises on ASEAN, according to the text?
"Unification and coordination"
What was the main reason the Non-Aligned Movement (NAM) was created in 1961?
To pursue world peace, international cooperation, and independence from superpower politics
What was the primary motivation behind the creation of OPEC?
To establish a source of immense power through oil integration
Why did the Thai economy collapse in 1996?
As a result of foreign currency speculators and troubled international banks demanding loan repayments
What differentiated the Non-Aligned Movement (NAM) from other global associations during its inception?
It avoided aligning with Western capitalist democracies or communist states
Which two continents were most affected by the economic crises that spread after the collapse of the Thai economy in 1996?
Asia and Africa
What was the geographical focus of OPEC-member countries according to the provided text?
Middle Eastern countries and some regions in Africa
What was the purpose of establishing the North Atlantic Treaty Organization (NATO) during the Cold War?
To protect Europe against the threat of the Soviet Union
Which countries were part of the Warsaw Pact, a defense grouping created in response to NATO?
Eastern European countries under Soviet domination
What was the main motivation behind the establishment of the Organization of the Petroleum Exporting Countries (OPEC) in 1960?
To regulate the production and sale of oil
How did OPEC flex its muscles in the 1970s?
By taking over domestic oil production and controlling crude oil prices globally
What is a key characteristic of the Non-Aligned Movement (NAM)?
Not being aligned with any major power bloc during the Cold War
Which term best describes the pressures faced by superpowers during the Cold War era?
Geopolitical competition and ideological conflicts
Test your knowledge about the Asian economies and the role of ASEAN in stabilizing the region after crises. Learn about the formation and evolution of ASEAN as a regional organization with economic significance.
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