Global Economy and Governance Quiz

What was the main purpose of the Bretton Woods Conference?

• To promote cultural exchange

• To create a new currency for trade

• To set up a stable monetary system

• To establish a global military alliance

Which institution was established to promote international financial stability?

• International Monetary Fund (IMF)

• World Trade Organization (WTO)

• General Agreement on Tariffs and Trade (GATT)

• World Bank

What does the World Bank primarily aim to achieve?

• Establish fixed exchange rates

• Promote military cooperation

• Facilitate international trade

• End extreme poverty and promote shared development

What is the main focus of the General Agreement on Tariffs and Trade (GATT)?

• Providing loans to developing countries

• Promoting international financial stability

• Regulating international trade

• Establishing military alliances

Which of the following is a characteristic of liberal policies?

• Tariffs

• Privatization

• Import quotas

• Export subsidies

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

• Monitor military activities

• Facilitate cultural exchanges

• Provide loans to countries

• Administer trade agreements

What type of investment involves entry into a business enterprise in one country by an entity based in another country?

• Private equity investment

• Portfolio investment

• Foreign direct investment

• Public investment

Which theory argues that economic globalization is largely traced back to US-led postwar efforts?

• Hegemonic stability theory

• Constructivist theory

• Neo-liberal institutionalism

• Realist theory

What does the concept of human security focus on?

• Global trade agreements

• Security of individuals and communities

• Economic growth of nations

• Military strength of states

Which organization was founded in 1945 to promote international cooperation?

• World Bank

• United Nations

• World Trade Organization

• International Monetary Fund