Abeka Economics Chapters 13-14

What is the philosophy that regards the entire world as one giant community that should be unified politically?

• Nationalism

• Globalism

• Isolationism

• Regionalism

What is the primary purpose of the United Nations?

• To promote world peace and economic prosperity

• To establish a global currency

• To create a single world government

• To regulate international sports

How often does the General Assembly of the United Nations meet?

• Once a month

• Twice a year

• Once a year

• Every two years

What is the role of the Security Council in the United Nations?

• To make decisions concerning UN involvement in national and international conflicts

• To manage the UN's financial resources

• To oversee cultural exchanges

• To organize international sports events

What does the Economic and Social Council of the UN study?

• Military strategies

• Economic and social problems

• Space exploration

• Historical events

What is the World Trade Organization (WTO) known for?

• Dealing with international trade rules

• Promoting global tourism

• Regulating international sports

• Managing global health issues

What does the General Agreement on Tariffs and Trade (GATT) focus on?

• Space exploration

• Tariff negotiations and trade rules

• Global health initiatives

• Cultural exchanges

What is the purpose of the North American Free Trade Agreement (NAFTA)?

• To control the elimination of tariffs and trade restrictions

• To establish a single currency

• To promote cultural exchanges

• To regulate international sports

What is the European Union (EU) known for?

• Uniting countries of Europe to enhance free trade

• Establishing a global military force

• Promoting international sports

• Regulating global health issues

What does the term 'multinational' refer to in the context of the European Union?

• A single nation

• Multiple nations working together

• A global currency

• A universal language