WGU D080 FINAL PAPER COMPLETE
QUESTIONS AND ACCURATE SOLUTIONS
STUDY GUIDE
●● Administration (CAGE)
Answer: Administrative similar countries trade more, countries hold
membership of the same trade
●● Civil law
Answer: Judge applies law code, rarely uses the jury (Continental
Europe & Latin/Central America)
●● Common law
Answer: Judge interprets the law, the jury determines the facts (US, UK,
Australia)
●● Religious law
Answer: religious guidelines, Islamic law, Talmudic law, Cannon law,
customary law, etc. (middle-eastern, southeast Asia)
●● Talmudic law
Answer: Jewish
,●● Cannon law
Answer: Christian
●● Customary law
Answer: no strong justice system, verbally transferred
●● What are the 3 international institutions
Answer: International Monetary Fund, World Bank, and World trade
organization
●● What are the twin institutions
Answer: IMF & World bank
●● What was the INITIAL goal of the IMF
Answer: restore international payment system, oversee the fixed
exchange rate system (Brenton Woods system)
●● What is the current goal of the IMF
Answer: monitor the exchange rate system and stabilize exchange rates,
guide member countries to develop economic policies, correct the debt
issue
●● IMF
, Answer: financial stability, debt, currency, and exchange rate
●● Criticisms of the IMF
Answer: - imbalance of voting power (IMF policies heavily impacted by
rich countries)
-conditionality causes the citizens of the borrowing countries to pay a
heavy price
- requires borrowing countries to made structural adjustments like
privatization and deregulation and can make conditions worse in a
struggling country
- IMFs projects might hurt environmental quality
●● What was the initial goal of the world bank
Answer: reconstruct the Europe for infrastructure projects
●● What is the current goal of the world bank
Answer: support development of poor nations, fight poverty, improve
life quality in developing areas
●● Criticisms of the world bank
Answer: - imbalance leadership
- enforced conditionality causes harm to developing countries
- privatization of healthcare
QUESTIONS AND ACCURATE SOLUTIONS
STUDY GUIDE
●● Administration (CAGE)
Answer: Administrative similar countries trade more, countries hold
membership of the same trade
●● Civil law
Answer: Judge applies law code, rarely uses the jury (Continental
Europe & Latin/Central America)
●● Common law
Answer: Judge interprets the law, the jury determines the facts (US, UK,
Australia)
●● Religious law
Answer: religious guidelines, Islamic law, Talmudic law, Cannon law,
customary law, etc. (middle-eastern, southeast Asia)
●● Talmudic law
Answer: Jewish
,●● Cannon law
Answer: Christian
●● Customary law
Answer: no strong justice system, verbally transferred
●● What are the 3 international institutions
Answer: International Monetary Fund, World Bank, and World trade
organization
●● What are the twin institutions
Answer: IMF & World bank
●● What was the INITIAL goal of the IMF
Answer: restore international payment system, oversee the fixed
exchange rate system (Brenton Woods system)
●● What is the current goal of the IMF
Answer: monitor the exchange rate system and stabilize exchange rates,
guide member countries to develop economic policies, correct the debt
issue
●● IMF
, Answer: financial stability, debt, currency, and exchange rate
●● Criticisms of the IMF
Answer: - imbalance of voting power (IMF policies heavily impacted by
rich countries)
-conditionality causes the citizens of the borrowing countries to pay a
heavy price
- requires borrowing countries to made structural adjustments like
privatization and deregulation and can make conditions worse in a
struggling country
- IMFs projects might hurt environmental quality
●● What was the initial goal of the world bank
Answer: reconstruct the Europe for infrastructure projects
●● What is the current goal of the world bank
Answer: support development of poor nations, fight poverty, improve
life quality in developing areas
●● Criticisms of the world bank
Answer: - imbalance leadership
- enforced conditionality causes harm to developing countries
- privatization of healthcare
