CHAPTER 9 REGIONAL ECONOMIC INTEGRATION
QUESTIONS WITH ACCURATE ANSWERS
automobile correct answer Which of the following industries has experienced
rapid expansion in Eastern Europe?
a. pharmaceutical
b. telecommunications
c. automobile
d. computer
CAN correct answer Which of the following economic blocs will most likely merge
with MERCOSUR?
a. CER
b. NAFTA
c. CARICOM
d. CAN
collaborative venture correct answer Airbus Industries, the aircraft manufacturer,
exemplifies which of the following opportunities created by regional integration?
a. joint venture
b. collaborative venture
c. free trade agreement
d. intercontinental bloc
combine forces against the powerful former Soviet Union correct answer One of
the reasons for the establishment of the European Community was to ________.
, a. broaden the power of communism within East Germany
b. create fair standards of trade and international business
c. combine forces against the powerful former Soviet Union
d. establish judicial procedures to handle trade violators
common market correct answer A firm's freedom to transfer funds to subsidiaries
within a bloc characterizes which of the following levels of regional integration?
a. customs union
b. common market
c. free trade area
d. all of the above
concern about losing employment opportunities and foreign investment correct
answer What is the most likely reason that some Western European countries are
concerned about the addition of Eastern European countries to the EU?
a. fear of draining EU funds and outgrowing the current infrastructure
b. concern about losing employment opportunities and foreign investment
c. lack of public roads and transportation systems needed for manufacturing
d. inability to provide necessary training and education to poor nations
Council of European Union correct answer Which of the following is responsible
for determining the admission of new member countries to the EU?
a. Council of the European Union
b. European Parliament
c. European Court of Justice
d. European Commission
QUESTIONS WITH ACCURATE ANSWERS
automobile correct answer Which of the following industries has experienced
rapid expansion in Eastern Europe?
a. pharmaceutical
b. telecommunications
c. automobile
d. computer
CAN correct answer Which of the following economic blocs will most likely merge
with MERCOSUR?
a. CER
b. NAFTA
c. CARICOM
d. CAN
collaborative venture correct answer Airbus Industries, the aircraft manufacturer,
exemplifies which of the following opportunities created by regional integration?
a. joint venture
b. collaborative venture
c. free trade agreement
d. intercontinental bloc
combine forces against the powerful former Soviet Union correct answer One of
the reasons for the establishment of the European Community was to ________.
, a. broaden the power of communism within East Germany
b. create fair standards of trade and international business
c. combine forces against the powerful former Soviet Union
d. establish judicial procedures to handle trade violators
common market correct answer A firm's freedom to transfer funds to subsidiaries
within a bloc characterizes which of the following levels of regional integration?
a. customs union
b. common market
c. free trade area
d. all of the above
concern about losing employment opportunities and foreign investment correct
answer What is the most likely reason that some Western European countries are
concerned about the addition of Eastern European countries to the EU?
a. fear of draining EU funds and outgrowing the current infrastructure
b. concern about losing employment opportunities and foreign investment
c. lack of public roads and transportation systems needed for manufacturing
d. inability to provide necessary training and education to poor nations
Council of European Union correct answer Which of the following is responsible
for determining the admission of new member countries to the EU?
a. Council of the European Union
b. European Parliament
c. European Court of Justice
d. European Commission
