The Greek Bailout Package Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

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 (D)</p> Signup and view all the answers

What is the likely outcome of the deglobalization discussion?

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

What is the main mandate of the IMF?

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

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

<p>All of the above (D)</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 (C)</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 (A)</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 (B)</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 (C)</p> Signup and view all the answers

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

<p>National markets (A)</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 (B)</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 (D)</p> Signup and view all the answers

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

<p>EUR110 billion (C)</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 (D)</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 (D)</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) (C)</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) (C)</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 (C)</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 (A)</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 (D)</p> Signup and view all the answers

What are current account deficits a reflection of?

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

Flashcards are hidden until you start studying

More Like This

Global Trade Quiz
6 questions

Global Trade Quiz

TopNotchPlateau avatar
TopNotchPlateau
Global Trade Agreements Quiz
6 questions
Global Trade and Protectionism Overview
40 questions
Use Quizgecko on...
Browser
Browser