The Greek Bailout Package Quiz
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Questions and Answers

Which countries have been targeted by the Trump administration's trade wars?

  • Canada and Mexico (correct)
  • Russia and Brazil
  • China and Japan
  • India and Australia

    • What are the main factors behind the threat of deglobalization?

  • Globalization and free trade
  • Nationalism and isolationism (correct)
  • Economic growth and cooperation
  • Political stability and security

    • What is the new name for the North America Free Trade Agreement?

  • North American Economic Partnership (NAEP)
  • North America Trade Alliance (NATA)
  • U.S.-Mexico-Canada Agreement (USMCA) (correct)
  • United States-Canada-Mexico Trade Agreement (USCMTA)

    • What impact does political non-cooperation have on multinational companies?

    <p>It makes management slow to change carefully engineered processes</p> Signup and view all the answers

    What is the likely outcome of the deglobalization discussion?

    <p>Fortification of supply chains by companies</p> Signup and view all the answers

    Which organization stands ready to lend foreign currencies to member countries during periods of significant external deficits?

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

    What is the main mandate of the IMF?

    <p>All of the above</p> Signup and view all the answers

    What did the IMF do in response to the 2008-2009 Global Financial Crisis?

    <p>All of the above</p> Signup and view all the answers

    What led to the downgrading of Greek sovereign debt in 2010?

    <p>All of the above</p> Signup and view all the answers

    What is the purpose of the IMF's assessment program for financial sectors?

    <p>To alert countries to vulnerabilities and risks in their financial sectors</p> Signup and view all the answers

    Which institution provides the major institutional and regulatory base for today's global multinational corporations from an investment perspective?

    <p>World Trade Organization</p> Signup and view all the answers

    Without a critical mass of multinational firms competing with each other in a globally defined business environment, investment considerations focusing on what would make little sense?

    <p>National markets</p> Signup and view all the answers

    What would look different without the large, multinational companies whose stocks and bonds have become key elements in investment portfolios?

    <p>Modern financial markets</p> Signup and view all the answers

    Which of the following is NOT mentioned as a key element in investment portfolios?

    <p>National markets</p> Signup and view all the answers

    What is the main focus of investment considerations in the equity universe, according to the text?

    <p>Global sectors</p> Signup and view all the answers

    Which organization provided conditional emergency lending facilities to the Greek government during the sovereign debt crisis?

    <p>International Monetary Fund</p> Signup and view all the answers

    What was the total amount of loans agreed upon in the Greek bailout package?

    <p>EUR110 billion</p> Signup and view all the answers

    Which countries were affected by the East Asian Financial Crisis in the late 1990s?

    <p>Thailand, South Korea, Malaysia, Philippines, Indonesia</p> Signup and view all the answers

    What are the main objectives of the World Bank?

    <p>Fight poverty and enhance environmentally sound economic growth in developing countries</p> Signup and view all the answers

    Which entity of the World Bank provides low or no-interest loans and grants to countries with unfavorable or no access to international credit markets?

    <p>International Development Association (IDA)</p> Signup and view all the answers

    Which two organizations were founded during the United Nations Monetary and Financial Conference in Bretton Woods?

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

    What was the objective of creating the International Trade Organization (ITO)?

    <p>To handle the trade side of international economic cooperation</p> Signup and view all the answers

    Why did the International Trade Organization (ITO) fail to be ratified in some national legislatures?

    <p>Opposition in the US Congress</p> Signup and view all the answers

    What was the role of the General Agreement on Tariffs and Trade (GATT) from 1948 until 1995?

    <p>It was the only multilateral instrument governing international trade</p> Signup and view all the answers

    What are current account deficits a reflection of?

    <p>A shortage of net savings in an economy</p> Signup and view all the answers

    Which organization provides analysis, advice, and information to its member countries to help them achieve economic and social improvements?

    <p>World Bank</p> Signup and view all the answers

    What is one of the core functions of the World Bank?

    <p>Increasing the capabilities of its partners</p> Signup and view all the answers

    Which organization is the only international organization that regulates cross-border trade relationships among nations on a global scale?

    <p>World Trade Organization</p> Signup and view all the answers

    Which agreement is the principal treaty for trade in goods within the WTO's body of treaties?

    <p>General Agreement on Tariffs and Trade (GATT)</p> Signup and view all the answers

    What was the main focus of the Uruguay round of negotiations under the GATT?

    <p>Extending the world trading system into new areas</p> Signup and view all the answers

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