International Economic Relations

Description: This quiz will test your knowledge on International Economic Relations.
Number of Questions: 14
Created by:
Tags: economics international economics international economic relations
Attempted 0/14 Correct 0 Score 0

What is the main objective of the World Trade Organization (WTO)?

  1. To promote free trade

  2. To regulate international trade

  3. To resolve trade disputes

  4. All of the above


Correct Option: D
Explanation:

The WTO is an intergovernmental organization that regulates international trade. Its main objective is to promote free trade, regulate international trade, and resolve trade disputes.

Which country is the largest exporter of goods in the world?

  1. China

  2. United States

  3. Germany

  4. Japan


Correct Option: A
Explanation:

China is the largest exporter of goods in the world, accounting for about 14% of global exports in 2020.

Which country is the largest importer of goods in the world?

  1. United States

  2. China

  3. Germany

  4. Japan


Correct Option: A
Explanation:

The United States is the largest importer of goods in the world, accounting for about 13% of global imports in 2020.

What is the term used to describe the movement of goods and services across international borders?

  1. International trade

  2. Global trade

  3. World trade

  4. All of the above


Correct Option: D
Explanation:

International trade, global trade, and world trade are all terms used to describe the movement of goods and services across international borders.

What is the term used to describe the movement of capital across international borders?

  1. International capital flows

  2. Global capital flows

  3. World capital flows

  4. All of the above


Correct Option: D
Explanation:

International capital flows, global capital flows, and world capital flows are all terms used to describe the movement of capital across international borders.

What is the term used to describe the movement of people across international borders?

  1. International migration

  2. Global migration

  3. World migration

  4. All of the above


Correct Option: D
Explanation:

International migration, global migration, and world migration are all terms used to describe the movement of people across international borders.

What is the term used to describe the movement of technology across international borders?

  1. International technology transfer

  2. Global technology transfer

  3. World technology transfer

  4. All of the above


Correct Option: D
Explanation:

International technology transfer, global technology transfer, and world technology transfer are all terms used to describe the movement of technology across international borders.

What is the term used to describe the movement of ideas across international borders?

  1. International knowledge transfer

  2. Global knowledge transfer

  3. World knowledge transfer

  4. All of the above


Correct Option: D
Explanation:

International knowledge transfer, global knowledge transfer, and world knowledge transfer are all terms used to describe the movement of ideas across international borders.

What is the term used to describe the movement of culture across international borders?

  1. International cultural exchange

  2. Global cultural exchange

  3. World cultural exchange

  4. All of the above


Correct Option: D
Explanation:

International cultural exchange, global cultural exchange, and world cultural exchange are all terms used to describe the movement of culture across international borders.

What is the term used to describe the movement of people across international borders for the purpose of work?

  1. International labor migration

  2. Global labor migration

  3. World labor migration

  4. All of the above


Correct Option: D
Explanation:

International labor migration, global labor migration, and world labor migration are all terms used to describe the movement of people across international borders for the purpose of work.

What is the term used to describe the movement of people across international borders for the purpose of education?

  1. International educational migration

  2. Global educational migration

  3. World educational migration

  4. All of the above


Correct Option: D
Explanation:

International educational migration, global educational migration, and world educational migration are all terms used to describe the movement of people across international borders for the purpose of education.

What is the term used to describe the movement of people across international borders for the purpose of tourism?

  1. International tourism

  2. Global tourism

  3. World tourism

  4. All of the above


Correct Option: D
Explanation:

International tourism, global tourism, and world tourism are all terms used to describe the movement of people across international borders for the purpose of tourism.

What is the term used to describe the movement of people across international borders for the purpose of seeking asylum?

  1. International refugee migration

  2. Global refugee migration

  3. World refugee migration

  4. All of the above


Correct Option: D
Explanation:

International refugee migration, global refugee migration, and world refugee migration are all terms used to describe the movement of people across international borders for the purpose of seeking asylum.

What is the term used to describe the movement of people across international borders for the purpose of settling permanently?

  1. International permanent migration

  2. Global permanent migration

  3. World permanent migration

  4. All of the above


Correct Option: D
Explanation:

International permanent migration, global permanent migration, and world permanent migration are all terms used to describe the movement of people across international borders for the purpose of settling permanently.

- Hide questions