Global Economic Organizations MCQ Test 5

1. What term describes an economic system where the means of production and distribution are owned and controlled by the state?

2. What is the primary objective of the International Monetary and Financial Committee (IMFC) of the IMF?

3. Which international agreement sets standards for the protection of intellectual property rights globally?

4. Which term refers to the deliberate downward adjustment of a country's currency value relative to another currency or a standard?

5. Which organization facilitates negotiations and agreements on international trade rules among its member countries?

6. Which global economic organization conducts the Doing Business report, evaluating the ease of doing business in various countries?

7. What is the primary goal of the United Nations (UN) in the economic context?

8. What is the primary focus of the International Organization of Securities Commissions (IOSCO)?

9. What is the primary goal of the Basel Convention in the realm of global environmental protection?

10. What term describes a situation where a country intentionally reduces the value of its currency to gain a competitive advantage in international trade?