Chapter 13 Practice Quiz

International Political Economy
. The three main perspectives that dominate the discipline of international political economy (IPE) are ________.

. The IMF, World Bank, GATT, and WTO were all designed to ________.

. The ancient ________ brought goods from the eastern Mediterranean to the shores of the British Isles.

. UK Prime Minister Sir Robert Peel did away with ________.

. The Havana Charter failed to receive approval from ________.

. GATT stands for the ________.

. The principle that no member of an organization be excluded from the benefits that one member state extends to another is known as ________.

. UNCTAD stands for the ________.

. In 1995, the GATT became part of the ________.

. Military or development assistance given by one country to another is known as ________.

. In 1999, there was a trade dispute between the US and EU over ________.

. In 2017, the Government of Canada introduced the ________.

. The dominant financial centre of the nineteenth century was ________.

. The Great Depression was spurred by ________.

. In 1971, the US government decided that the ________ no longer served the interests of the United States.

. "Eurodollars" and the "Euromarkets" were created when the Soviet government ________.

. In 1982, the ________ government announced that it could not make interest payments on its debt.

. The "Seven Sisters" were the world's largest ________.

. Negotiations toward a free trade agreement known as the ________ began in 2010.

. In 2011, China replaced ________ as the world's largest exporting nation.

. In the fifteenth and sixteenth centuries, ________ banks lent huge sums of money to European monarchs for the purposes of exploration, personal enrichment, and war.

. Beginning in ________, many of the richest countries in the world were afflicted by a series of financial and economic crises that produced massive unemployment, huge losses in wealth, and the need for intense international co-operation.

. ________ see the international economy as an arena in which states are involved in a constant battle for, at the least, survival and, at the most, supremacy.

. Canada and the United States have maintain peaceful relations since ________.

. The ________ also known as the central bankers' bank, arranges loans for central banks and encourages central bank co-operation.

. International political economy (IPE) emerged as a subdiscipline during the 1970s.

. The nineteenth century saw the internationalization of trade and production.

. The Corn Laws were repealed to liberalize agricultural trade.

. The GATT began operations in 1947.

. The GATT system proved successful in benefitting all states in the international system equally.

. The EU is made up of 32 countries.

. Maquilas allow foreign corporations to come in, produce goods, and export them back to their home country duty-free.

. China, India, Brazil, Mexico, and South Africa are part of the G20.

. The Doha Round of trade negotiations began in 2001.

. The US government loan program designed to help countries of Western Europe after WWII was the Dodge Plan.

. Deregulation of financial markets took place in the 1980s and 1990s.

. In 1989, a debt reduction plan was devised by US Treasury Secretary Nicholas Brady.

. The Asian economic crisis of 1997 began in South Korea.

. The financial crisis of 2008 was spurred by a US real estate collapse.

. Canada has been a member of the G8 since its original formation in 1975.

. A good historical example of economic nationalism at work is Nazi Germany in the 1970s.

. The International Labour Organization was created in 1919.

. The end of World War II saw the emergence of the United States as an economic and military superpower.

. The Uruguay Round of GATT negotiations began in 1986.

. One factor that has crippled the WTO is its inadequate number of judges, a situation that undermines the organization's capacity to resolve disputes.

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