International Monetary System Overview

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30 Questions

What is the main focus of Lee's 'Ancient Silk Road Travellers'?

Silk Road travellers in ancient times

Which book discusses 'Global Transformations' related to politics, economics, and culture?

Global Transformations by Held D. and McGrew A.

According to the provided text, what was the period for the Atlantic Economy?

1850-1931

What is the focus of Cohen's work 'Money and Power in World Politics'?

European monetary unification

Which website provides a definition of the 'gold standard'?

Who authored the book 'Money and Politics: European monetary unification and the international gold standard 1865-1873'?

L. Einaudi

What was the main task of the International Monetary System?

Facilitating cross-border transactions

During 1870 to 1914, what was the role of gold in international trade?

Guaranteeing a non-inflationary, stable economic environment

What caused the decline in the use of gold after World War I?

Increased expenditure and inflation due to war

What function did the gold standard serve in the international monetary system?

Fixed exchange rate regime with gold as the only international reserve

Why did major economic powers fail to maintain the gold standard after World War I?

Great depression in 1931

What does the International Monetary System reflect according to the text?

Economic power and interests

What distinguishes International Organizations (IOs) with universal membership from those with limited membership?

Universal membership IOs have memberships from all countries, while limited membership IOs have selective memberships.

Which organization is classified as an International Organization (IO) with limited membership?

European Union (EU)

What is the primary role of the United Nations (UN) in international politics?

Regulating armaments

Which feature is considered the most important aspect of UN activities in peace and security?

Peacekeeping

In the realm of global governance, which organization is described as being the largest, most powerful, and internationally represented?

United Nations (UN)

What specific role does the United Nations (UN) play regarding disaster relief and assistance?

Coordinating disaster relief

What does domestic sovereignty refer to?

Choosing and implementing policies within the territory

How have global economic trends affected an individual country's sovereignty?

Reduced economic sovereignty

Which of the following is an example of an international organization that impacts domestic economic affairs?

World Bank

What led to the deprivation of government control over some underdeveloped nations' economies?

Disorderly domestic economic establishments

What is a concern expressed by scholars regarding some underdeveloped nations and neocolonialism?

Loss of economic sovereignty

How have transnational corporations impacted individual country sovereignty?

Weakened it

What is one of the main purposes of the UN mentioned in the text?

Creating conditions for justice and respect for international obligations

Which of the following is not mentioned as a gap that the UN addressed in the 21st century according to the text?

Technology

How can global governance be defined based on the text?

The sum of laws, norms, policies, and institutions defining trans-border relations

Which of the following is not one of the main purposes of the UN Charter according to the text?

Promoting economic competition between countries

What critical impact can a hole in any of the five stages have according to the text?

It can lead to a collapse in problem-solving efforts

Which of the following is not a part of global governance as described in the text?

Politicians' decisions

Explore the rules, regulations, and functions of the international monetary system. Learn about its role in facilitating cross-border transactions, trade, and investment, and its reflection of economic power and interests.

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