Question 1

What has been the main impetus behind increasingly institutionalized international and supranational integration?&#10;A) growing international trade and investment&#10;B) supranational political identities&#10;C) improved communications&#10;D) decreased nationalism

Accepted Answer

The main impetus behind increasingly institutionalized international and supranational integration has been growing international trade and investment, which creates a need for agreements and institutions to regulate and facilitate economic activity across borders.

Question 2

The so-called GATT Framework (and the WTO) has become increasingly ineffective in further opening world trade mainly because of:&#10;A) increased focus on services and agriculture&#10;B) too many members&#10;C) bad faith negotiations&#10;D) overreliance on lawyers

Accepted Answer

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

C

Accepted Answer

Turkey's membership has proved particularly difficult due to a number of factors, including its size and population, its economic and political systems, and disagreements between current EU member states on whether or not Turkey meets the necessary criteria for membership. Additionally, concerns over Turkey's human rights record and its ongoing dispute with Cyprus have further complicated the process.

Question 4

Regional development assistance is an important part of the European Union's budget. What is its main purpose?&#10;A) reduce income inequality&#10;B) encourage productive investment in poorer or lagging regions&#10;C) encourage migration from poorer to richer regions&#10;D) compensate backwards areas

Accepted Answer

The main purpose of regional development assistance is to encourage productive investment in poorer or lagging regions, in order to reduce regional disparities and promote economic and social cohesion within the European Union. It aims to support the development of infrastructure, education and training, research and innovation, and other measures to stimulate economic growth and create jobs in these regions.

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?&#10;A) it makes infant industries subject to devastating foreign competition&#10;B) it encourages more hidden barriers to trade&#10;C) it encourages balking at further reductions&#10;D) it encourages dumping of goods at below cost prices

Accepted Answer

Lower average tariff levels can lead to devastating foreign competition for infant industries, as they are not able to compete with established industries that may have lower production costs due to economies of scale or other advantages.

Deck 12: International and Supranational Institutionalized Integration