Quiz 16 Flashcards

1
Q

Through what type of agreements has the United States voluntarily surrendered much of its national sovereignty?

A

Multilateral

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2
Q

What organization strictly enforces the “most-favoured nation” policy?

A

WTO (World Trade Organization)

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3
Q

What organization is made up of three main institutions, the European Parliament, the Council, and the European Commission?

A

European Union

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4
Q

What is the exclusive power of an independent state to rule and regulate internal affairs without foreign interference?

A

National Sovereignty

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5
Q

What philosophy regards the entire world as one giant community that should be politically and economically unified?

A

globalizm

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6
Q

What organization sends “peacekeeping troops” into troubled areas?

A

UN (United Nations)

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7
Q

What organization is an institution of the World Bank?

A

IBRD

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8
Q

What organization regulates trade among the three nations of North America?

A

NAFTA

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9
Q

What organization deals with world’s international trade rules?

A

WTO

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10
Q

What organization was established to monitor the exchange of currencies?

A

IMF

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