Ch. 13

Question 1

Philosophy which regards the entire world, as one giant community that should be unified, politically and economically

Answer 1

Globalism

Question 2

Organization his original stated purpose was the promotional world, peace, and economic prosperity

Answer 2

UN- United Nations

Question 3

Organization originally established to lend money to battle, torn Japan in western Europe after World War II, but which presently acts as a welfare agency, that loans funds to countries in poverty or financial distress

Answer 3

World Bank

Question 4

Agency the proposes to assist the free flow of trade among nations help countries establish pretrade through negotiations and resolve, trading conflicts

Answer 4

WTO- World Trade Organization

Question 5

Regulations the guide international trade before the world trade organization’s establishment in 1995

Answer 5

GATT- General Agreement on Tariffs and Trade

Question 6

Regional trade agreement adopted by the United States, Canada and Mexico in 1993

Answer 6

NAFTA- North American Free Trade Agreement

Question 7

A closely not alliance of the countries of Western Europe, the controls many of the regions, economic legislative, and judicial policies

Answer 7

EU- European Union

Question 8

The exclusive power of an independent state to rule and regulate internal affairs without foreign interference

Answer 8

National Sovereignty