International Organizations in Business and Economy Quiz

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30 Questions

What is the main function of the World Bank?

Providing loans for economic development in poor countries

Which actor of economic globalization focuses on setting and enforcing international trade rules?

World Trade Organization (WTO)

What is the purpose of implementing global taxes according to the text?

Ensuring democratic oversight and control of policy shaping effects

Which entity is known as a lender of last resort for countries experiencing economic crises?

International Monetary Fund

What distinguishes Foreign Direct Investment from other types of investments?

Ownership control over businesses within a single nation-state

Which actor of economic globalization has surpassed many states in terms of economic size?

Transnational corporations

What organization refers to itself as the World Business Association?

International Chamber of Commerce

Which organization is related to the Council on Foreign Relations, IMF, World Bank, Trilateral Commission, European Union, and NAFTA?

Bilderberg Group

What is the purpose of the Trilateral Commission?

Foster collaborative leadership among key capitalist regions

Which forum was established to discuss European strategy in an international marketplace?

World Economic Forum

Which organizations are related to the G7 summit and G8 summit?

Trilateral Commission and Bilderberg Group

Which organization aimed at liberalization and was historically the most comprehensive business forum?

International Chamber of Commerce

What is one of the crises mentioned in the text?

Crisis of Overextension

What does the Crisis of Legitimacy refer to?

Inability of neoliberal ideology to convince people

Which region does the text imply has been a political cocoon for capitalism?

North America

What movement is associated with the crisis mentioned in the text?

Anti-Capitalist Movement

What does Taiwan's situation suggest about its economic approach according to the text?

Neoliberalist but questioned at a certain point

What term is used in the text to describe the exhaustive point of stock market Keynesianism?

Great Depression

According to Wallerstein's perspective in Neo-Marxism, how does he view capitalism for those under its constraints?

More negative than positive

In World System Theory, how many types of economies are identified within the world economy?

3

What organizations are related to the World Business Council for Sustainable Development?

UNEP, UNCTAD, UNCED

What was the outcome of the merger that formed the World Business Council for Sustainable Development in 1995?

Geneva-based Business Council for Sustainable Development ceased to exist

According to Neo-Marxism, what becomes increasingly commoditized within the market?

Objects, including laborers

What is one of the crises mentioned in 'The Multiple Crises of Global Capitalism' related to overextension?

Crisis of liberal Democracy

What do indicators and manifestations of Economic Globalization include?

International trade, financial transfers, and foreign direct investment

Which actors facilitate economic globalization?

Transnational Corporations

What does Economic Globalization derive partly from?

Its historical development

Which organization is primarily involved in global taxation issues?

World Bank

What is a key aspect of global interdependence due to economic globalization?

'Increasing internationally interconnected economy'

Which theory explains the concept of Economic Globalization?

'Theories of Economic Globalization'

Test your knowledge on international organizations in the business and economy sector, including the International Chamber of Commerce, Bilderberg Group, Trilateral Commissions, World Economic Forum, and World Business Council for Sustainable Development.

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