Podcast
Questions and Answers
What is the main reason why entities like the G20 are not considered actual IOs?
What is the main reason why entities like the G20 are not considered actual IOs?
- They do not possess their own bodies or organs (correct)
- They do not have representatives from at least 44 States
- They do not have the power to establish treaties
- They do not participate in the International Court of Justice
Who were the main figures behind the establishment of IMF and WB at Bretton Woods in New Hampshire?
Who were the main figures behind the establishment of IMF and WB at Bretton Woods in New Hampshire?
- G20 and IO representatives
- John Maynard Keynes and Harry Dexter White (correct)
- Folke Bernadotte and Swiss professionals
- US and UK representatives
What is the main function of the International Court of Justice in resolving disputes between States?
What is the main function of the International Court of Justice in resolving disputes between States?
- Solving disputes between States (correct)
- Formalizing the loss of sovereignty of States
- Establishing economic cooperation
- Setting voting rights for IOs
What did the ICJ Advisory Opinion, delivered in 1949, set requirements for in order to be considered an IO?
What did the ICJ Advisory Opinion, delivered in 1949, set requirements for in order to be considered an IO?
What was the main driver of the conflict during WWII according to the text?
What was the main driver of the conflict during WWII according to the text?
When did the IMF become a specialized agency of the UN?
When did the IMF become a specialized agency of the UN?
Which country was not among the original 29 members to ratify the IMF founding treaty?
Which country was not among the original 29 members to ratify the IMF founding treaty?
Which article of the IMF Treaty stated that currency of each member state shall be expressed in terms of either gold or US $?
Which article of the IMF Treaty stated that currency of each member state shall be expressed in terms of either gold or US $?
What was the original purpose of the IMF?
What was the original purpose of the IMF?
What event led to the overcoming of the par value system in 1971?
What event led to the overcoming of the par value system in 1971?
What was the main reason for President Nixon's decision to suspend US $/gold convertibility in 1971?
What was the main reason for President Nixon's decision to suspend US $/gold convertibility in 1971?
What was the impact of the 1973 and 1979 oil crises on the par value system?
What was the impact of the 1973 and 1979 oil crises on the par value system?
What did the amendment of Article IV of the IMF founding treaty in 1978 require from member states?
What did the amendment of Article IV of the IMF founding treaty in 1978 require from member states?
What was one implication of a state giving up monetary sovereignty through dollarization or euroization?
What was one implication of a state giving up monetary sovereignty through dollarization or euroization?
What led to the interruption of the par value system as per the text?
What led to the interruption of the par value system as per the text?
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