What was the primary goal behind the creation of the International Monetary Fund and The World Bank?
Foundations of Economic Globalization

Quiz
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Social Studies
•
10th Grade
•
Medium
Rita L'Heureux
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10 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
To allow the victorious nations of World War II to supervise growth and development in war torn nations.
To reconstruct and stabilize the global economic network in the aftermath of World War II.
To set a basis for the United States' financial and political domination of the world.
To function as a non-government faction of the United Nations and unify the world's finances.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tariffs can be an advantage to nations who wish to
increase domestic tourism
increase trade with other nations
cease all trade with other countries
protect their industries from foreign influence
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The conflict between Keynes & Hayek would be about
the causes of war
the role of the IMF
the economic role of government
tariffs and trade
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Two very important world organizations were mapped out at the Bretton Woods Conference. These were:
the World Bank and the IMF
the World Bank and the WTO
the IMF and the WTO
the IMF and the United Nations
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The economic policies of Hayek and Friedman can best be characterized as:
Less trade with other nations.
Adoption of the principle of 'convertibility' where paper currencies could be redeemed as gold to stabilize the exchange rates.
Based on less government intervention and control of the economy.
Creation of an economic system where the government creates an economic plan and also controls the majority of the resources and capital.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The definition in the image is that of:
Sustainable prosperity.
Trade liberalization.
Stewardship.
Anthropocentric environmentalism.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ever increasing and developing interdependence of trade and economic activities between nations is best identified as economic
modern colonization
postmodern constructivism
contemporary imperialism
contemporary globalization
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