Quiz 16 Flashcards
Through what type of agreements has the United States voluntarily surrendered much of its national sovereignty?
Multilateral
What organization strictly enforces the “most-favoured nation” policy?
WTO (World Trade Organization)
What organization is made up of three main institutions, the European Parliament, the Council, and the European Commission?
European Union
What is the exclusive power of an independent state to rule and regulate internal affairs without foreign interference?
National Sovereignty
What philosophy regards the entire world as one giant community that should be politically and economically unified?
globalizm
What organization sends “peacekeeping troops” into troubled areas?
UN (United Nations)
What organization is an institution of the World Bank?
IBRD
What organization regulates trade among the three nations of North America?
NAFTA
What organization deals with world’s international trade rules?
WTO
What organization was established to monitor the exchange of currencies?
IMF