GEN 005 - P2

GEN 005 - P2

1st Grade

10 Qs

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GEN 005 - P2

GEN 005 - P2

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1st Grade

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Sophia Salinas

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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