1. Which of the following is an example of a free trade area?
a) World Trade Organization
b) Warsaw Pact
c) North Atlantic Treaty Organization
d) European Union
e) African Union
d) going off the gold standard frequently
e) leading the world in promoting free trade
2. Why would some countries after World War II form what would become the European Union?
a) to improve relations with the Soviet Union
b) to fend off intervention by the United States in Europe
c) to increase tariffs on goods entering Europe
d) to increase trade and economic cooperation within Europe
e) to increase trade between European countries and their former colonies
3. One Bretton Woods institution is the:
a) International Monetary Fund
b) European Union
c) North Atlantic Treaty Organization
d) Organization of Petroleum Exporting Countries
e) United Nations
4. A consequence of World War I was:
a) deflation in the largest European economies
b) decreasing support for right wing groups in Italy
c) rapid decolonization of areas of the British and French empires
d) the consolidation of European empires
e) a successful communist revolution in Russia
5. After World War I:
a) the United States ratified the Versailles treaty
b) the Austrian and Ottoman empires survived untill the next war
c) the Germany economy rebounded relatively quickly
d) few new countries became independent
e) the League of Nations was created to avoid another war
6. A people who share common language, race, descent, and/or history form a
a) nation
b) state
c) country
d) polity
7. Approximately how many independent sovereign states are generally recognized to exist in the world today
a) 60
b) 135
c) 195
d) 215
8. Which of the following statements about nuclear weapons is true?
a) The Soviet Union initially had more nuclear weapons than the United States.
b) The United States and the Soviet Union had enough nuclear weapons to prevent the other from attacking.
c) Nuclear weapons were ultimately unimportant in the Cold War competition between the Soviet Union and the United States.
d) There was never a real possibility that the United States or the Soviet Union would use their nuclear weapons.
e) The Soviet Union did not have enough nuclear weapons to attack the United States or its allies.
9. Developing countries created the non-aligned movement during the Cold War because:
a) they wanted to promote international economic development
b) they wanted to create closer ties with the United States
c) they wanted to create closer ties with the Soviet Union
d) they wanted to build upon their previous successes in embargoing industrial goods
e) they opposed communist expansion in the Third World