INTB 3355: Module A Exam #1 Questions with correct
answers
The argument is made that ecosystem destruction should be stopped because
such destruction leads to loss of an economic asset for the developing nation and
also, by implication, to _____. - ✔✔loss for the global environment
The World Bank's position on ecosystem destruction is that protecting assets in
developing countries pays off when _____. - ✔✔thinking is long term
What kind of institutions are the UN and World Bank, based on the information
about the green accounting partnership's goals and the information about these
institutions found in Module A? - ✔✔informal normative
We have not developed a way yet to assess the value of natural assets, but we
have made progress in assessing _____. - ✔✔environmental degradation
Setting a value for ecosystems is difficult because _____. - ✔✔there is no market
price for them
The first two countries to participate in this UN-World Bank institution-building
partnership, whose goal is to develop a way to account for natural assets, are
India and Colombia, and their motivation includes ______. - ✔✔understanding
natural capital
The UN General Assembly is the main staff organization responsible for the UN
administration. - ✔✔False
, Institutions are constructed to provide meaning and stability to social life,
regulate the relations of individuals to each other, and limit behavior of
individuals and firms. - ✔✔True
Trading blocs always bring cost savings to international firms. - ✔✔False
The International Court of Justice (ICJ) handles all cases brought forward by any
person or organization. - ✔✔False
The EU has been unsuccessful at harmonizing customs and tax formalities within
their borders. - ✔✔False
The EU is a supranational body that has become, essentially, a regional
government. - ✔✔True
An example of an informal, cognitive institution would be the celebration of
Halloween in the U.S. - ✔✔True
ASEAN, whose initial goal was political, to foster peaceful relations among
members, includes China as its core member. - ✔✔False
Recently, regional trade agreements have grown, a trend that may be seen to
strengthen the World Trade Organization (WTO), according to the text. - ✔✔False
Among trading blocs, the EU has the largest GDP per capita. - ✔✔False
answers
The argument is made that ecosystem destruction should be stopped because
such destruction leads to loss of an economic asset for the developing nation and
also, by implication, to _____. - ✔✔loss for the global environment
The World Bank's position on ecosystem destruction is that protecting assets in
developing countries pays off when _____. - ✔✔thinking is long term
What kind of institutions are the UN and World Bank, based on the information
about the green accounting partnership's goals and the information about these
institutions found in Module A? - ✔✔informal normative
We have not developed a way yet to assess the value of natural assets, but we
have made progress in assessing _____. - ✔✔environmental degradation
Setting a value for ecosystems is difficult because _____. - ✔✔there is no market
price for them
The first two countries to participate in this UN-World Bank institution-building
partnership, whose goal is to develop a way to account for natural assets, are
India and Colombia, and their motivation includes ______. - ✔✔understanding
natural capital
The UN General Assembly is the main staff organization responsible for the UN
administration. - ✔✔False
, Institutions are constructed to provide meaning and stability to social life,
regulate the relations of individuals to each other, and limit behavior of
individuals and firms. - ✔✔True
Trading blocs always bring cost savings to international firms. - ✔✔False
The International Court of Justice (ICJ) handles all cases brought forward by any
person or organization. - ✔✔False
The EU has been unsuccessful at harmonizing customs and tax formalities within
their borders. - ✔✔False
The EU is a supranational body that has become, essentially, a regional
government. - ✔✔True
An example of an informal, cognitive institution would be the celebration of
Halloween in the U.S. - ✔✔True
ASEAN, whose initial goal was political, to foster peaceful relations among
members, includes China as its core member. - ✔✔False
Recently, regional trade agreements have grown, a trend that may be seen to
strengthen the World Trade Organization (WTO), according to the text. - ✔✔False
Among trading blocs, the EU has the largest GDP per capita. - ✔✔False
