Which organization deals with international trade agreements and dispute resolution?

• United Nations

• World Health Organization

• World Trade Organization

• International Monetary Fund

The WTO was established in which year?

• 1944

• 1945

• 1995

• 2000

The Bretton Woods Conference, held in 1944, led to the establishment of which major international monetary system?

• Gold Standard

• Fixed Exchange Rate System

• Floating Exchange Rate System

• Barter System

At the Bretton Woods Conference, which two organizations were created to promote international monetary cooperation and economic stability?

• International Monetary Fund (IMF) and World Bank

• World Trade Organization (WTO) and United Nations (UN)

• Organization of Petroleum Exporting Countries (OPEC) and NATO

• European Union (EU) and African Union (AU)

Which of the following is NOT a characteristic of the private sector?

• Ownership by individuals or non-governmental entities

• Profit motive

• Publicly funded

• Market-driven

What type of business is typically owned and operated by a single individual who is personally responsible for its debts?

• Corporation

• Partnership

• Sole Trader

• Cooperative

Joint stock companies issue shares to raise capital. These shares represent:

• Ownership in the company

• Debts owed to shareholders

• Government holdings

• Employee compensation

Which of the following best describes a joint stock company?

• A business entity with a single owner

• A business owned by the government

• A business where shareholders have limited liability

• A business where employees collectively own and manage it

Which sector is primarily responsible for providing public goods and services, such as education and healthcare?

• Private sector

• Non-profit sector

• Public sector

• Informal sector

Public sector organizations are funded by:

• Donations and grants

• Profits from stockholders

• Taxes and government revenue

• Sales of goods and services