Question 1

What is the U.S. government-funded organization that sends individuals on educational and cultural missions around the world?

Accepted Answer

The Peace Corps is the U.S. government-funded organization that sends individuals on educational and cultural missions around the world, aiming to promote peace and friendship through community development and cultural exchange.

Question 2

The North American Free Trade Agreement (NAFTA), is a comprehensive multi-nation trade agreement ratified in 1994 that attempted to eliminate trade barriers among which set of countries?

Accepted Answer

NAFTA is a trade agreement that was established to eliminate barriers to trade and investment between the United States, Canada, and Mexico.

Question 3

The international organization that distributes grants and low-income loans in developing countries is the

Accepted Answer

The World Bank is an international organization that provides financial and technical assistance to developing countries, including grants and low-income loans, to reduce poverty and support development.

Question 4

When ownership and control of most elements in a society are subject to state restrictions where no individual ownership of large amounts of property or wealth is permitted, it is a key principle of which system?

Accepted Answer

Communism is a system where the state typically controls all property and wealth, with the aim of eliminating private ownership to achieve equality.

Question 5

If China were to impose a trading ban on a product that comes from the United States, and the U.S. wanted to appeal this decision believing it was an unfair trading practice, who would resolve the issue?

Accepted Answer

The World Trade Organization (WTO) is the global international organization dealing with the rules of trade between nations. If a member country believes another member's trade practices violate WTO agreements, it can use the WTO's dispute resolution process to challenge those practices.

Question 6

When nations around the world experience high levels of interconnectedness in the economic, political, cultural, social, and military realms, they are experiencing

Accepted Answer

Globalization refers to the process by which nations become more interconnected and interdependent in various domains such as economic, political, cultural, social, and military.

Question 7

What is meant or implied by the phrase, "The race to the bottom," in regards to state governments and domestic policy?

Accepted Answer

The answer of What is meant or implied by the...

Question 8

The _____ was formed after World War II in order to mediate disputes among nations around the world.

Accepted Answer

The United Nations was established after World War II with the primary aim of preventing future conflicts and fostering international cooperation, making it the correct answer for mediating disputes among nations globally.

Question 9

The first large-scale involvement of the United States in an international conflict on foreign soil took place with which event?

Accepted Answer

The first large-scale involvement of the United States in an international conflict on foreign soil was during World War I, which began for the U.S. in 1917 when it joined the Allies against the Central Powers.

Question 10

The European Union is

Accepted Answer

The European Union (EU) is an association of European nations designed to foster economic and political cooperation among its member states, facilitating free movement of goods, services, and people across their borders.

Question 11

Individuals or groups that do not represent any specific national government and may take action across borders are known as

Accepted Answer

Nonstate actors are individuals or groups that operate independently of any sovereign state, often influencing international or cross-border affairs without being directly tied to any government's official policies or actions.

Question 12

Actions taken by the government to reduce import barriers in order to encourage more companies to exchange goods between countries result in the policy of

Accepted Answer

Reducing import barriers to encourage international trade aligns with the concept of free trade, which promotes minimal restrictions on the exchange of goods between countries.

Question 13

The __________ is the international organization that works to stabilize currency values and government debt for nations in economic difficulty.

Accepted Answer

The International Monetary Fund (IMF) is the international organization designed to stabilize currency values and assist nations in economic difficulty by providing financial support and advice.

Question 14

Compare and contrast any two stages of the policy-making process. Provide definitions and describe the purpose of the stages you choose.

Accepted Answer

The answer of Compare and contrast any two stages of...

Question 15

Government policy which ensures that relatively equal working conditions exist in nations that exchange goods is the benchmark of

Accepted Answer

Fair trade policies are designed to ensure that fair working conditions, fair pay, and sustainable practices are maintained in the production of goods, especially in developing countries. This contrasts with policies focused solely on the absence of trade barriers or market-driven principles.

Question 16

What is the Affordable Care Act? What is its purpose, and how does it work?

Accepted Answer

The answer of What is the Affordable Care Act? What...

Question 17

Define "public policy" and provide a brief example.

Accepted Answer

The answer of Define "public policy" and provide a brief...

Question 18

Identify two key differences between Medicare and Medicaid.

Accepted Answer

The answer of Identify two key differences between Medicare and...

Question 19

A large U.S. trade imbalance with China over the past year would result from which of the following?

Accepted Answer

A trade imbalance, particularly a trade deficit, occurs when a country imports more goods than it exports. Choice E directly describes a situation where American consumers are purchasing significantly more goods from China than Chinese consumers are buying from the United States, leading to a trade imbalance favoring China.

Question 20

The Cold War refers to a conflict between the United States and its democratic allies, and

Accepted Answer

The Cold War was a period of geopolitical tension between the United States and its allies, who were primarily democratic, and the Soviet Union and its allies, who were communist. This ideological and political struggle did not result in direct military conflict between the two superpowers but involved proxy wars, the arms race, and competition for influence around the world.

Quiz 16: Economic Domestic and Foreign Policy

What is the U.S. government-funded organization that sends individuals on educational and cultural missions around the world?

The North American Free Trade Agreement (NAFTA) , is a comprehensive multi-nation trade agreement ratified in 1994 that attempted to eliminate trade barriers among which set of countries?

The international organization that distributes grants and low-income loans in developing countries is the