CTWD 3? Global Economic Org.

Question 1

IMF
I_____________ M_______ F___

Answer 1

International Monetary Fund

Question 2

WTO
W____ T____ O____________

Answer 2

World Trade Organization

Question 3

WB
W____ B___

Answer 3

World Bank

Question 4

OECD
Org_________________ for Ec_______ Coo________ and De_____________

Answer 4

Organization for Economic Cooperation and Development

Question 5

W____ E_______ F____

Answer 5

World Economic Forum

Question 6

G20

Answer 6

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)

Question 7

ILO
I______________ L_____ O____________

Answer 7

International Labour Organization

Question 8

UNCTAD
Un____ Na_____ Con________ on Tr___ and De_________

Answer 8

United Nation Conference on Trade and Development

Question 9

APEC
As__ Pa_____ Ec______ Coo_________

Answer 9

Asia Pacific Economic Cooperation

Question 10

G7

Answer 10

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

Question 11

BRICS

Answer 11

Brazil, Russia, India, China and South Africa

Question 12

(UN)ECOSOC

Answer 12

United Nations Economic and Social Council

Question 13

G8

Answer 13

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

Question 14

Bank for International Settlements

Answer 14

Bank for International Settlements

Question 15

OPEC

Answer 15

Organization of the Petroleum Exporting Countries

Question 16

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.

Answer 16

WTO
(World Trade Organization)

Question 17

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

Answer 17

EU
(Europian Union)

Question 18

EFTA

Answer 18

European Free Trade Area

Question 19

between the USA, Canada and Mexico
(NAFTA)

Answer 19

NAFTA
North American Free Trade Agreement

Question 20

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

Answer 20

Mercosur

Question 21

AFTA

Answer 21

ASEAN (Association of Southeast Asian Nations) Free Trade Area

Question 22

COMESA

Answer 22

Common Market of Eastern and Southern Africa

Question 23

SAFTA

Answer 23

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

Question 24

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

Answer 24

Pacific Alliance

Question 25

TPP

Answer 25

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