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Multiple Choice Quiz
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1
Trade benefits to poorer nations have been slower in developing than for richer nations because:
A)poorer nations have more social inequalities to begin with.
B)globalization exploits developing nations.
C)agricultural subsidies hit poorer nations very hard.
D)international organizations have given up on aid to developing countries.
2
OAS was formed with the goal of:
A)promoting cooperation in the former Soviet Union.
B)monitoring the borrowing of developing countries and their use of money previously loaned.
C)promoting regional cooperation in the Americas.
D)developing a regional bank in Central and South America.
3
Which of the following is not included in the membership criteria for the European Union?
A)The country must have a market economy.
B)The country must show evidence of respect for democracy.
C)The country must show evidence of respect for the protection of minorities.
D)The country must have a rising GDP.
4
The EU's purpose is to:
A)further reduce customs and tariffs in worldwide trade negotiations.
B)to increase the number of member nations.
C)to develop an integrated Europe.
D)to hone in cheaper labor available in eastern European countries.
5
The EU rejected GE's acquisition of Honeywell because:
A)they were concerned about the power of these two American companies.
B)they were not European companies.
C)their merger would reduce competition in the market.
D)it could, but doing so didn't matter.





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