Deck 12: International and Supranational Institutionalized Integration

Question 1

What has been the main impetus behind increasingly institutionalized international and supranational integration?

A) growing international trade and investment
B) supranational political identities
C) improved communications
D) decreased nationalism

Answer 1

A

Question 2

The so-called GATT Framework (and the WTO) has become increasingly ineffective in further opening world trade mainly because of:

A) increased focus on services and agriculture
B) too many members
C) bad faith negotiations
D) overreliance on lawyers

Answer 2

A

Question 3

The European Union is the world's most important supranational organization. Its membership has progressively expanded from the original six members. Expansion to include which country has proved particularly difficult for a number of reasons:

A) Switzerland
B) Iceland
C) Turkey
D) Greece

Answer 3

C

Question 4

Regional development assistance is an important part of the European Union's budget. What is its main purpose?

A) reduce income inequality
B) encourage productive investment in poorer or lagging regions
C) encourage migration from poorer to richer regions
D) compensate backwards areas

Question 5

Average tariff levels on manufactured goods in international trade have declined significantly since the 1970s. This may not always be a good thing. Why?

A) it makes infant industries subject to devastating foreign competition
B) it encourages more hidden barriers to trade
C) it encourages balking at further reductions
D) it encourages dumping of goods at below cost prices