chapter 13, a look at the global economy

Question 1

a philosophy which regards the entire world as one giant community that should be unified politically ad economically

Answer 1

globalism

Question 2

one of the most prominent global bodies

Answer 2

united nations

Question 3

three main agencies of the UN

Answer 3

generally assembly
security council
social council

Question 4

meets at least once a year to discuss international problems, and each member country has one vote

Answer 4

general assembly

Question 5

decisions concerning UN involvement in national and international conflicts are made by:

Answer 5

security council

Question 6

duties are to study economic and social problems and to make recommendations to the general assembly, individual nations, and the UN’S specialized agencies

Answer 6

social council

Question 7

created by the UN, first established at the end of WWII to lend money to japan and the countries in western europe

Answer 7

world bank

Question 8

two institutions of the world bank

Answer 8

IBRD, IDA

Question 9

hailed as the only global body dealing with the trade rules that have been established among the world’s countries

Answer 9

WTO

Question 10

much of the world’s international trade was guided by the regulations of the:

Answer 10

GATT

Question 11

agreement called for the elimination of tariffs and other trade restrictions that existed between these countries to encourage free trade

Answer 11

NAFTA

Question 12

three original members of NAFTA

Answer 12

U.S, canada, mexico

Question 13

designed to decrease CO2, and reduce green house emissions

Answer 13

kyoto protocol

Question 14

globalist say that the _____ have a moral obligation to provide financial aid for the _____

Answer 14

IAC, LDC

Question 15

the push for globalization in the 20th century became prominent around the time of what war

Answer 15

WWII