98. The Maastricht Treaty called for:
99. Which of the following is a reason for Great Britain, Denmark, and Sweden to stay out of
the euro zone?
100. In a(n) ______, similarities in the underlying structure of economic activity make it
feasible to adopt a single currency and use a single exchange rate as an instrument of
macroeconomic policy.
101. Which of the following is true of the euro since its establishment in 1999?
102. The _____ refers to a permanent bailout fund, worth about €500 billion, set up by the euro
zone nations to restore confidence in the euro.
103. Which of the following is true of the criteria to qualify for membership to the European
Union (EU)?
104. Which of the following is true of the provisions of the North American Free Trade
Agreement?
105. Which of the following is a consequence of the implementation of the North American
Free Trade Agreement?
106. An argument against the North American Free Trade Agreement centered on the fear that
ratification would result in:
107. Which of the following is a significant impact of the North American Free Trade
Agreement (NAFTA)?
108. Which of the following is an issue confronting the North American Free Trade
Agreement?
109. The _____ refers to a 1969 agreement among Bolivia, Chile, Ecuador, Colombia, and Peru
to establish a customs union.
110. Which of the following is true of the Andean Pact of 1969?
111. Which of the following is true of the Andean Pact during the mid-1980s?
112. The Andean Community now operates as a _____.
113. _____ refers to the pact among Argentina, Brazil, Paraguay, and Uruguay that originated
in 1988 to establish a free trade area.
114. Which of the following is true of Alexander Yeats’ criticism of the Andean Pact?
115. Which of the following is a reason why Mercosur was temporarily suspended in 2001?
116. The _____ refers to a trade pact among Costa Rica, El Salvador, Guatemala, Honduras,
and Nicaragua, which began in the early 1960s but collapsed in 1969 due to war.
117. Which of the following led to the collapse of the Central American Common Market in
1969?