29 Questions
What is the term for organizations that support a country's economic growth through loans and technical assistance?
International Financial Institutions
What term refers to the expansion of national economies driven by modern technologies and institutional setups?
Economic Globalization
What is the term for the process of combining national economies to create a more interconnected global economy?
Economic Integration
What is the term for an international organization that promotes monetary cooperation and exchange stability?
International Monetary Fund
What term refers to an enterprise that engages in activities that add value in more than one country?
Multinational Corporation
What is the term for the theory that recognizes that social and economic change is affected by a country's interaction with exogenous institutions?
World Systems
What is the primary focus of globalism?
Economic aspect of international exchanges
Which institution provides loans to countries for capital projects?
World Bank
What is the primary goal of the International Monetary Fund?
Monitoring the global economy and lending to countries
What is the primary function of the World Trade Organization?
Regulating international trade and ensuring smooth trade flow
What is the main focus of internationalism?
Celebrating multiculturalism and diversity
What is the primary goal of the institution composed of thirty-five member countries?
Stimulating economic progress and world trade
What is the primary goal of the Food and Agriculture Organization of the United Nations (FAO)?
Defeating hunger, eliminating food insecurity and malnutrition, and increasing resilience of livelihoods and food
Which organization is responsible for upholding the principles of the UN through its policies and recommendations?
The UN General Assembly
What is the primary function of the United Nations?
To make the enforcement of international law, security, human rights, economic development, and social progress easier for countries
What is Global Governance?
The capacity within the international system to provide government-like services and public goods in the absence of a world government
Which organization is composed of five permanent members and 10 rotating members?
The UN Security Council
What is the primary function of the Organization for Economic Cooperation and Development (OECD)?
Dealing with labor problems and international labor standards and social protection for workers
Which UN organ is responsible for settling legal disputes between States?
The International Court of Justice
What is the primary function of the Secretariat?
Providing studies, information, and other data
What is the concept of social stratification based on?
Differences in class, race, economic status, and other categories
What is the main idea behind Modernization Theory?
All societies undergo a similar process of evolution
What is the core idea of Dependency Theories?
Resources tend to flow from peripheries to the core
What is the composition of Global Divides?
Global disparities due to economic affluence and other aspects of globalization
What is the term used to describe the industrial/capitalist US and the North Atlantic Alliance?
Western Bloc
What is the term used to describe the communist/socialist Russian Soviet Federative Socialist Republic?
Eastern Bloc
What is the term used to describe the developing countries in Asia, Africa, Latin America, and other regions?
Third World Countries
What does NATO stand for?
North Atlantic Treaty Organization
What does ASEAN stand for?
Association of Southeast Asian Nations
Test your knowledge of economic globalization, international financial institutions, and their impact on the global economy. Learn about the flow of goods, capital, and services across nations.
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