GEN 005 - P2

What is the main focus of the field of International Relations?

• Economic progress and world trade

• Global governance

• Political cooperation among transnational actors

• Interstate system

What is the primary function of the World Trade Organization (WTO)?

• To increase the transparency of decision-making processes

• To provide a forum for negotiating and monitoring further trade liberalization

• To set and enforce rules for international trade

• To promote research on global economic management

What is the difference between Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI)?

• FDI requires a substantial investment in a company based in another country, while FPI involves adding international assets to a portfolio

• FDI involves purchasing stocks or bonds of a foreign company, while FPI involves acquiring a controlling interest in a foreign company

• FDI is generally welcome in emerging nations, while FPI is not encouraged

• FDI is more focused on short-term gains, while FPI is focused on long-term investments

What is the difference between equity and equality?

• Equity focuses on fairness of opportunities, while equality focuses on fairness of outcomes

• Equity refers to equal opportunity, while equality refers to offering varying levels of support

• Equity refers to offering varying levels of support, while equality refers to equal opportunity

• Equity focuses on fairness of outcomes, while equality focuses on fairness of opportunities

What is the main positive effect of competition in the context of economics?

• Lower quality of products and services

• Increased job loss

• Enhanced standards and quality of products and services

• Rise in prices

What is the primary purpose of the United Nations?

• To provide leadership in global health

• To facilitate international trade

• To ensure worldwide peace and security

• To promote economic development

What is the purpose of the International Monetary Fund (IMF)?

• To ensure transparency in international health work

• To provide a forum for trade disputes

• To promote research on sustainable economic growth

• To foster global monetary cooperation

What is the main goal of the North Atlantic Treaty Organization (NATO)?

• To safeguard the freedom and security of all its members

• To promote economic development

• To provide a forum for international law enforcement

• To coordinate global health initiatives

What is the purpose of the International Criminal Court of Justice (ICC)?

• To prosecute individuals for international crimes

• To promote long-range balanced growth in international trade

• To safeguard financial stability

• To provide access to universal health care

What is the main feature of the interstate system according to Political Scientists?

• Anarchic nature

• Centralized control

• Democratic governance

• Totalitarian rule