CTWD 3? Global Economic Org. Flashcards

1
Q

IMF
I_____________ M_______ F___

A

International Monetary Fund

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2
Q

WTO
W____ T____ O____________

A

World Trade Organization

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3
Q

WB
W____ B___

A

World Bank

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4
Q

OECD
Org_________________ for Ec_______ Coo________ and De_____________

A

Organization for Economic Cooperation and Development

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5
Q

W____ E_______ F____

A

World Economic Forum

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6
Q

G20

A

Group of 20 (Argentina, Australia, Brazil, Canada, China,
France, Germany, India, Indonesia, Italy, Japan, Mexico,
Russia, Saudi Arabia, South Africa, South Korea, Turkey, UK,
US, European Union)

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7
Q

ILO
I______________ L_____ O____________

A

International Labour Organization

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8
Q

UNCTAD
Un____ Na_____ Con________ on Tr___ and De_________

A

United Nation Conference on Trade and Development

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9
Q

APEC
As__ Pa_____ Ec______ Coo_________

A

Asia Pacific Economic Cooperation

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10
Q

G7

A

Group of 7 (Canada, France, Germany, Italy, Japan, United Kingdom, and the United States)

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11
Q

BRICS

A

Brazil, Russia, India, China and South Africa

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12
Q

(UN)ECOSOC

A

United Nations Economic and Social Council

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13
Q

G8

A

Group of Eight (France, Germany, Italy, Japan, United Kingdom, United States, Canada. Russia)

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14
Q

Bank for International Settlements

A

Bank for International Settlements

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15
Q

OPEC

A

Organization of the Petroleum Exporting Countries

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16
Q

o Regional Trade Blocs
The ___ permits the existence of trade blocs,
provided that they result in lower protection
against outside countries than existed before the
creation of the trade bloc.

A

WTO
(World Trade Organization)

17
Q

a customs union, a single market and now with a single
currency

A

EU
(Europian Union)

18
Q

EFTA

A

European Free Trade Area

19
Q

between the USA, Canada and Mexico
(NAFTA)

A

NAFTA
North American Free Trade Agreement

20
Q

a customs union between Brazil, Argentina, Uruguay, Paraguay and Venezuela

A

Mercosur

21
Q

AFTA

A

ASEAN (Association of Southeast Asian Nations) Free Trade Area

22
Q

COMESA

A

Common Market of Eastern and Southern Africa

23
Q

SAFTA

A

South Asian Free Trade Area – created in 2006 with countries such as India and
Pakistan

24
Q

a regional trade agreement between Chile, Colombia,
Mexico and Peru

A

Pacific Alliance

25
Q

TPP

A

TPP - Trans- Pacific Partnership – a proposed free trade agreement being negotiated
during 2013 between Australia, Brunei, Chile, Colombia,
Mexico and Peru, Singapore, the United States and
Vietnam