finals

Question 1

allows for free movements of factors of production including labor, capital, and information.

Answer 1

common market

Question 2

august 12 1992

Answer 2

representatives from US, Canada, and Mexico negotiated for NAFTA

Question 3

formed in 1969 to accelerate development of member states Bolivia, Columbia, Ecuador, Peru, and Venezuela through economic and social integration

Answer 3

andean community

Question 4

andean community members

Answer 4

bolivia, columbia, ecuador, peru and venezuela

Question 5

March 1991, the government of Argentina, Brazil, Paraguay, and Uruguay signed the Asuncion Treaty to form

Answer 5

mercosur

Question 6

mercosur members

Answer 6

argentina, brazil, paraguay and uruguay

Question 7

Established in 1967 as an organization for economic, political, social, and cultural cooperation among its members

Answer 7

asean(association of southeast asian nations)

Question 8

Formed by the US by signing of the Bangkok Declaration

Answer 8

asean

Question 9

asean members

Answer 9

brunei, indonesia, malaysia, philippines, singapore, thailand

Question 10

Formed through the 1958 Treaty of Rome

Answer 10

eu(european union)

Question 11

eu members

Answer 11

belgium, france, holland, italy, luxembourg and west germany

Question 12

middle east members

Answer 12

bahrain, iraq, iran, kuwait, oman, qatar, uae and kingdom of saudi arabia

Question 13

Established in Riyadh in May 1981 by Bahrain, Kuwait, Oman, Saudi Arabia, Qatar, and the UAE

Answer 13

Gulf Cooperation Council(GCC)

Question 14

Established trough the Treaty of Lagos in May 1975

Answer 14

economic cooperation of west african states(ecowas)

Question 15

Ultimate goal is a fully developed customs union; however, real progress toward integration has been slow.

Answer 15

sadc(south african development community)

Question 16

An intergovernmental organization of oil-exporting developing nations that coordinated and unifies the petroleum policies of its member countries.

Answer 16

organization of the petroleum exporting countries(opec)

Question 17

seeks to ensure the stabilization of oil prices in the international oil markets, with a view of eliminating harmful and unnecessary fluctuations, due regard being given at all times to the interests of oil-producing nations and to the necessity of securing a steady income for them.

Answer 17

opec

Question 18

Founded September 14, 1960

Answer 18

opec