International Financial Institutions and Development
30 Questions
2 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main purpose of the United Nations?

  • To dominate global trade agreements
  • To promote global peace, security, and cooperation (correct)
  • To enhance military power among member countries
  • To exploit natural resources in developing countries

What are some of the key roles/functions of the United Nations?

  • Developing military alliances
  • Enforcing global trade regulations
  • Exploiting natural resources for economic gain
  • Promoting sustainable development and international cooperation (correct)

Apart from the Covid-19 pandemic, what is one other major challenge facing global governance in the 21st century?

  • Climate change (correct)
  • Increased military conflicts
  • Technological advancements
  • Global economic prosperity

Which international organization was founded in 1945 to promote global peace, security, and cooperation?

<p>United Nations (C)</p> Signup and view all the answers

What is the overarching goal of the Sustainable Development Goals (SDGs) set by the United Nations?

<p>Eradicate poverty, safeguard the environment, and ensure prosperity for all by 2030 (A)</p> Signup and view all the answers

Which problem does the United Nations NOT focus on?

<p>Military expansion among member countries (C)</p> Signup and view all the answers

How does globalization affect governments in terms of political backlash and nationalism?

<p>Provokes political backlash and fuels nationalist sentiments (A)</p> Signup and view all the answers

What security challenges do governments face due to globalization?

<p>Transnational terrorism, cyber threats, infectious diseases (B)</p> Signup and view all the answers

How do governments respond to the social and cultural impacts of globalization?

<p>Preserving cultural identity and social cohesion (C)</p> Signup and view all the answers

What is one way governments may respond to globalization-induced challenges to assert national identity?

<p>Adopting protectionist measures (A)</p> Signup and view all the answers

Why do governments need to adopt multilateral approaches to security governance?

<p>To address new security challenges posed by globalization (C)</p> Signup and view all the answers

What does globalization facilitate that can lead to challenges for governments in preserving cultural identity?

<p>Exchange of ideas, information, and cultural practices across borders (A)</p> Signup and view all the answers

What is one of the primary goals of International Financial Institutions (IFIs) mentioned in the text?

<p>Promoting global trade and investment (A)</p> Signup and view all the answers

During the early 20th century, what led to a fragmentation of global markets?

<p>Rise in protectionism and economic nationalism (B)</p> Signup and view all the answers

How do International Financial Institutions (IFIs) maximize the impact of their interventions?

<p>Through partnerships and cooperation (C)</p> Signup and view all the answers

Which event contributed to the rise of protectionism and economic nationalism in the early 20th century?

<p>Great Depression and World Wars (B)</p> Signup and view all the answers

What key institutions were established following World War II to promote economic cooperation and reconstruction?

<p>International Monetary Fund and World Bank (A)</p> Signup and view all the answers

How do International Financial Institutions (IFIs) collaborate with various stakeholders to coordinate development efforts?

<p>Through close collaboration and sharing best practices (A)</p> Signup and view all the answers

What was the aim of the General Agreement on Tariffs and Trade (GATT) and later the World Trade Organization (WTO)?

<p>To reduce trade barriers and facilitate international trade (D)</p> Signup and view all the answers

Which historical event characterized the 1970s regarding exchange rates?

<p>The rise of flexible exchange rate regimes (B)</p> Signup and view all the answers

What drove the resurgence of globalization in the 1980s and 1990s?

<p>Economic liberalization, deregulation, and technological innovation (D)</p> Signup and view all the answers

What characterized the period of accelerated globalization in the 1990s?

<p>Rise of global value chains, expansion of trade in services, and proliferation of regional trade agreements (C)</p> Signup and view all the answers

What enabled global market integration in the 1990s?

<p>Advent of the internet and digital technologies (C)</p> Signup and view all the answers

What defines global corporations in terms of presence?

<p>Operating across multiple countries and regions or continents (A)</p> Signup and view all the answers

What is the main difference between regionalization and globalization?

<p>Regionalization focuses on economic, political, and cultural connections within a specific region, while globalization refers to interconnectedness and interdependence worldwide. (A)</p> Signup and view all the answers

How does regionalism benefit local economies according to the text?

<p>By promoting the development of local industries through encouraging local transactions. (A)</p> Signup and view all the answers

Which of the following is NOT an advantage of regionalism mentioned in the text?

<p>Encouraging regional industries to compete internationally. (A)</p> Signup and view all the answers

What is one way regionalization differs from globalization in terms of culture promotion?

<p>Regionalization promotes domestic culture more than foreign culture. (B)</p> Signup and view all the answers

How does globalization contribute to a more interconnected world, according to the text?

<p>By promoting the exchange of goods, investments, and culture worldwide. (C)</p> Signup and view all the answers

What is one disadvantage of regionalism mentioned in the text?

<p>Limiting the growth and development of regions. (D)</p> Signup and view all the answers
Use Quizgecko on...
Browser
Browser