CHAPTER 3

are organizations established to provide financial assistance and support to countries and regions facing economic challenges, promoting sustainable development, and fostering global economic stability.

• International Financial Institution

• United Nations
• International Monetary Fund

• Red Cross

was a monetary system where a country's currency or paper money had a value directly linked to gold.

• Platinum Standard
• Bronze Standard
• Silver Standard
• Gold Standard

WAS THE FIRST GLOBAL MONETARY SYSTEM THAT WAS ESTABLISHED AFTER WORLD WAR II.

• Dollarization
• Eurosystem
• Bretton Woods system
• Gold Standard

When was the International Monetary Fund (IMF) officially created?

• JULY 1945

• March 1933

• January 1950

• October 1941

Which agreement, initiated on January 1, 1948, aimed to reduce tariffs and other trade barriers?

• World Health Organization (WHO)
• General Agreement on Tariffs and Trade (GATT)
• United Nations Educational, Scientific and Cultural Organization (UNESCO)
• North Atlantic Treaty Organization (NATO)

HELD _ ROUNDS IN TOTAL FROM APRIL 1947 TO december 1993

IS AN INTERNATIONAL ORGANIZATION THAT DEALS WITH THE RULES OF TRADE BETWEEN NATIONS. ITS MAIN JOB IS TO ENSURE THAT TRADE FLOWS AS SMOOTHLY, PREDICTABLY, AND FREELY AS POSSIBLE. ITS GOAL IS TO PROMOTE FAIR AND OPEN TRADE FOR THE BENEFIT OF ALL ITS MEMBER COUNTRIES.

• United Nations
• European Union
• International Monetary Fund
• World Trade Organization (WTO)

The Organization of Petroleum Exporting Countries (OPEC) was founded by how many countries?

NAFTA, effective from January 1, 1994, was an agreement between which countries?

• United States, Canada, and Brazil
• United States, Mexico, and Brazil
• United States, Canada, and Argentina
• United States, Canada, and Mexico

When did the General Agreement on Tariffs and Trade (GATT) transform into the World Trade Organization (WTO)?

• January 1, 1995
• July 4, 1985
• January 1, 1990
• March 15, 2000