EU Quiz Flashcards
Why was there UN formed?
Formed in response to WW2
What are the 3 supranational organizations?
United Nations, World Trade Organization, World Bank
What is the main goal of the UN?
World peace
Who holds the most power in the UN?
The 5 permanent states China U.S. Russia Britain France
What is the WTO’s main goal?
To negotiate/implement new trade agreement
What are the WTO’s powers?
Settles trade disputes, supervises members to ensure they follow organizations rules
How are members determined for the WTO?
Depends on a country’s economic development/ current trade regime
Why did the WB form?
Formed to aid in post WW2 rebuilding
What are the goals of the WB?
Eliminate poverty, support economic development through investments, eliminate gov. Corruption, support health imitative a and reduce greenhouse gases
What does the WB do today?
Loans money to low and middle-income countries at modest interest rates
What are the regional organizations?
NATO, OAS, Arab League, OAU
What is NATO?
A military alliance formed in the Cold War era of countries affiliated with the U.S.
Why was the OAS created?
To promote social, cultural, political, and economic links among member states
Why was the Arab League formed?
To promote the interests and sovereignty of countries in the Middle East
Why was the OAU formed?
To promote the elimination of minority white-ruled governments in Southern Africa