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GEN 005 - P2

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the main focus of the field of International Relations?

a)

Economic progress and world trade

b)

Global governance

c)

Political cooperation among transnational actors

d)

Interstate system

2.

What is the primary function of the World Trade Organization (WTO)?

a)

To increase the transparency of decision-making processes

b)

To provide a forum for negotiating and monitoring further trade liberalization

c)

To set and enforce rules for international trade

d)

To promote research on global economic management

3.

What is the difference between Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI)?

a)

FDI requires a substantial investment in a company based in another country, while FPI involves adding international assets to a portfolio

b)

FDI involves purchasing stocks or bonds of a foreign company, while FPI involves acquiring a controlling interest in a foreign company

c)

FDI is generally welcome in emerging nations, while FPI is not encouraged

d)

FDI is more focused on short-term gains, while FPI is focused on long-term investments

4.

What is the difference between equity and equality?

a)

Equity focuses on fairness of opportunities, while equality focuses on fairness of outcomes

b)

Equity refers to equal opportunity, while equality refers to offering varying levels of support

c)

Equity refers to offering varying levels of support, while equality refers to equal opportunity

d)

Equity focuses on fairness of outcomes, while equality focuses on fairness of opportunities

5.

What is the main positive effect of competition in the context of economics?

a)

Lower quality of products and services

b)

Increased job loss

c)

Enhanced standards and quality of products and services

d)

Rise in prices

6.

What is the primary purpose of the United Nations?

a)

To provide leadership in global health

b)

To facilitate international trade

c)

To ensure worldwide peace and security

d)

To promote economic development

7.

What is the purpose of the International Monetary Fund (IMF)?

a)

To ensure transparency in international health work

b)

To provide a forum for trade disputes

c)

To promote research on sustainable economic growth

d)

To foster global monetary cooperation

8.

What is the main goal of the North Atlantic Treaty Organization (NATO)?

a)

To safeguard the freedom and security of all its members

b)

To promote economic development

c)

To provide a forum for international law enforcement

d)

To coordinate global health initiatives

9.

What is the purpose of the International Criminal Court of Justice (ICC)?

a)

To prosecute individuals for international crimes

b)

To promote long-range balanced growth in international trade

c)

To safeguard financial stability

d)

To provide access to universal health care

10.

What is the main feature of the interstate system according to Political Scientists?

a)

Anarchic nature

b)

Centralized control

c)

Democratic governance

d)

Totalitarian rule