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International Business : The Challenge of Global Competition, 8/e

Donald Ball
Wendell H. McCulloch, California State University Long Beach
Paul L. Frantz, California State University Long Beach
Michael Geringer, California Polytechnic State University
Michael S. Minor, University of Texas Pan American

The Dynamics of International Organizations

Multiple Choice Quiz


1	The UN headquarters today is located in:
		A)	England
		B)	the Netherlands
		C)	the Netherlands
		D)	the United States


2	Which of the following is one of the six official languages of the United Nations?
		A)	German
		B)	Japanese
		C)	Arabic
		D)	Italian


3	The deliberative body of the UN made up of all member-nations, each with one vote regardless of wealth, or power is known as the
		A)	General Assembly.
		B)	Security Council.
		C)	General Council.
		D)	Security Assembly


4	The United Nations' charter was signed in San Francisco, California, in 1945 with 51 original member nations. Today there are _____ members.
		A)	128
		B)	148
		C)	168
		D)	188


5	The International Court of Justice, also called the World Court was established to resolve disputes between:
		A)	individuals.
		B)	multinational corporations.
		C)	sovereign states.
		D)	military organizations.


6	Over ________ people work for the UN and its related organizations worldwide:
		A)	52,000
		B)	55,000
		C)	58,000
		D)	61,000


7	Multilateral development banks provide financing for development activities through:
		A)	long term loans, with below market interest rates.
		B)	very long term loans, with interest well above market interest rates.
		C)	long term loans, with above market interest rates.
		D)	long term loans, with market interest rates.


8	The World Bank consists of the Bank itself and:
		A)	the International Bank for Reconstruction and Development.
		B)	the International Finance Corporation.
		C)	Multilateral Development Banks.
		D)	the International Monetary Fund.


9	The International Monetary Fund Articles of Agreement were adopted at the Bretton Woods Conference in 1944. In general terms, the International Monetary Fund's objectives today are, to foster:
		A)	fixed exchange rates.
		B)	balance of payments disequilibria.
		C)	convertible currencies
		D)	predictable supplies of capital to developing nations.


10	The Bank for International Settlements deals with:
		A)	private individuals.
		B)	corporations.
		C)	governments.
		D)	other banks.


11	The World Trade Organization, headquartered in Geneva, Switzerland currently has _____member countries.
		A)	130
		B)	140
		C)	150
		D)	160


12	The four major forms of economic and finally political integration include:
		A)	free trade area.
		B)	customs union.
		C)	common market.
		D)	all of the above.


13	The original six members of the European Union included:
		A)	the Netherlands.
		B)	the United Kingdom.
		C)	Spain.
		D)	Denmark.


14	The European Union is a supranational entity. This means that:
		A)	it relies on the goodwill of its member nations for cooperation.
		B)	its member countries remain completely sovereign nations.
		C)	it relies on voluntary contributions of its member nations.
		D)	it has the power to implement legislation directly in each of the member nations.


15	Currently 12 member countries are participating in the European Monetary Union (EMU). Which of the following countries is not participating in EMU?
		A)	Italy
		B)	Denmark
		C)	Luxembourg
		D)	Belgium


16	The European Union has _____ official languages.
		A)	9
		B)	10
		C)	11
		D)	15


17	The Association of Southeast Asia Nations or ASEAN is one of the fastest developing economic regions in the world. ASEAN's purpose is to:
		A)	eliminate barriers to trade.
		B)	promote the free movement of people in the region.
		C)	create a free trade area among the member countries.
		D)	promote economic growth and peace in the region.


18	The impetus for the creation of the North American Free Trade Agreement (NAFTA) was:
		A)	the desire of Mexico to attract multinational corporations because of its cheap labor supply.
		B)	the desire of the United States to remain as competitive as possible in the world market place.
		C)	the desire of Canada to leverage its proximity to the United States in world trade.
		D)	all of the above.


19	NAFTA's purpose is to:
		A)	create an economic union of the member countries.
		B)	create a political union of the member countries.
		C)	eliminate trade barriers among the member countries.
		D)	allow for the free movement of people, goods and services among the member countries.


20	Members of the Organization for Economic Cooperation and Development (OECD) are
		A)	the world's developing countries.
		B)	the world's developed countries.
		C)	the world's underdeveloped countries.
		D)	the world's poorest countries.

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