TCW Midterms Reviewer
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Questions and Answers

Which term describes the increasing integration of economies around the world, especially regarding the movement of goods, services, and capital across borders?

  • Global Trade
  • Financial Globalization
  • Economic Integration
  • Economic Globalization (correct)
  • What international monetary system was established that led to the creation of the IMF and IBRD?

  • The Floating Exchange Rate System
  • The Bretton Woods System (correct)
  • The European Monetary System
  • The Gold Standard
  • Which form of internationalism divides the world into distinct sovereign countries?

  • Socialist Internationalism
  • Liberal Internationalism (correct)
  • Realist Internationalism
  • Post-Colonial Internationalism
  • Which U.S. president is known for advocating the creation of the League of Nations after World War I?

    <p>Woodrow Wilson</p> Signup and view all the answers

    What organization was established after World War II to maintain international peace and security?

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

    Which system operated as a fixed exchange rate regime, ensuring smooth economic transactions?

    <p>The Gold Standard</p> Signup and view all the answers

    What is a TRUE statement about international organizations and their functions?

    <p>They have functions that lead to both positive and negative results.</p> Signup and view all the answers

    The concept of sovereignty made the globalization of politics and the formation of interstate system.

    <p>TRUE</p> Signup and view all the answers

    Study Notes

    Quiz 1: International Relations

    • Globalization: The increasing integration of economies, especially the movement of goods, services, and capital across international borders.

    • International Monetary System: A new system established after a UN conference, leading to the creation of the IMF and IBRD. A key part of this system is the Bretton Woods system.

    • Liberal Internationalism: This theory argues that the world is divided by individual, sovereign countries.

    • League of Nations Advocate: Woodrow Wilson was the US president who advocated for the creation of the League of Nations after WWI.

    Quiz 2: International Organizations

    • UN's Role: The UN was established after WWII to maintain international peace and security.

    • Fixed Exchange Rate Regime: The Gold Standard functioned as a fixed exchange rate regime, which helps smooth economic transactions.

    • Effectiveness of International Organizations: International organizations often have positive and negative consequences.

    • Sovereignty and Globalization: The concept of sovereignty plays a key role in political globalization and the formation of the interstate system.

    • Permanent UN Security Council Members: The countries with veto power within the UN Security Council are not China, Russia, and the United States.

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    Description

    This quiz covers key concepts in international relations and the role of international organizations. It addresses topics such as globalization, the international monetary system, and the effectiveness of entities like the UN. Test your knowledge on these critical global issues.

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