Economic Cooperation Quiz
Authored by Stephanie Gapud
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of the World Trade Organization (WTO)?
To serve as a negotiating forum for member nations to dispute, discuss, and debate trade-related matters
To develop friendly relations between nations
To maintain international peace and security
To foster international cooperation in solving economic, social, humanitarian, and cultural issues
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the most advanced form of regional economic integration?
Free Trade Area (FTA)
Customs Union (CU)
Economic Union (EU)
Common Market (CM)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the goal of NAFTA and USMCA?
To maintain international peace and security
To promote economic, social, cultural, and technical cooperation
To develop the economies of member countries in South America
To encourage trade between Canada, the United States, and Mexico
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of the United Nations (UN)?
To maintain international peace and security
To serve as a negotiating forum for member nations to dispute, discuss, and debate trade-related matters
To develop friendly relations between nations
To foster international cooperation in solving economic, social, humanitarian, and cultural issues
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of ASEAN in Asia?
Facilitating free and fair trade between member nations
Promoting economic, social, cultural, and technical cooperation
Developing the economies of member countries in South America
Maintaining international peace and security
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main benefit of regional trade agreements for global businesses?
Having the “rules” for their industry change as a result of new trade agreements
Experiencing reduced barriers to entry
Finding themselves outside of a new trading bloc
Having more consistent criteria for investment and trade
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the original goal of the United Nations (UN)?
To maintain international peace and security
To serve as a negotiating forum for member nations to dispute, discuss, and debate trade-related matters
To develop friendly relations between nations
To foster international cooperation in solving economic, social, humanitarian, and cultural issues
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