61. The _____ is the less controversial sister institution of the IMF which was created along
with the IMF in 1944.
62. According to the UN Charter, one of the four purposes of the UN is to:
63. The G20 comprises the _____ of the 19 largest economies in the world, plus
representatives from the European Union and the European Central Bank.
64. The _____ was originally established in 1999 to formulate a coordinated policy response
to financial crises in developing nations.
65. In 2008-09, the G20 primarily worked to:
66. Which of the following is a macro factor underlying the trend toward greater
globalization?
67. Which of the following best exemplifies foreign direct investment (FDI)?
68. Michelle, an Italian fashion designer, sells her merchandise by exporting them to the U.S.,
UK, and Brazil. According to this information, Michelle is most likely involved in:
69. If in the present time, an International company decides to do business with the former
Communist nations of Europe and Asia it would most likely benefit from the:
70. For foreign direct investment (FDI) to occur, a firm should primarily:
71. Gem Globe, an American company, has invested substantial capital in precious stones
mining activities outside the United States. This practice is referred to as:
72. When a firm invests resources in business activities outside its home country, it is
referred to as:
73. The motive behind the high tariffs imposed by nations on imports of manufactured goods,
prior to World War II, was to:
74. The advanced industrial nations of the West committed themselves after World War II to
removing barriers to the free flow of goods, services, and capital between nations. This goal was
enshrined in the:
75. Which of the following reasons contributed to the Great Depression of the 1930s?
76. Which of the following organizations was established at the 1993 Uruguay Round?
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77. The 1993 Uruguay Round:
78. Which of the following is a part of the agenda of the Doha Round of talks launched by the
WTO?
79. Which of the following would be the biggest gain for the world’s poor nations from the
2001 Doha WTO talks?
80. The lowering of trade and investment barriers: