International Trade Organization (ITO)
The Globalization of Trade and Finance
World Trade Organization (WTO)
The Regulation of Global Trade
Miscellaneous
100

Who proposed creating the institution called the International Trade Organization?

John Maynard Keynes

100

The political tension between today's populist nations and liberal globalists is over the benefits of...?

Economic Globalization

100

In what year did the World Trade Organization replace the Global Agreement on Tariffs and Trade?

1995

100

What conference brought together 44 soon-to-be victorious Allied countries?

The Bretton Woods Conference

100

Global economic governance institutions appeared to be much less visible during which pandemic than at any time in the previous four decades?

The COVID-19 Pandemic

200

What did the rejection of the ITO's proposal lead to the creation of?

The General Agreement on Tariffs and Trade (GATT)

200

During what decade did the period of enhanced national market integration begin?

The 1970s

200

Which U.S. President has said that the WTO is ‘the single worst trade deal ever made’ by the United States?

Donald Trump

200

The goal of the Bretton Woods Conference was to design a structure to avoid repeating the economic conditions of what previous decade?

The 1930s

200

What Western event in 2022 had drastic effects on global trade?

Russia's Invasion of Ukraine

300

John Maynard Keynes priority was to create a multilateral institution that would facilitate the continual expansion of...?

Global Trade

300

The volume of world exports fell by 7.53 per cent in what year?

2020

300

Which two treaties did Donald Trump initiate that suggested an anti-WTO sentiment?

The Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership

300

What British economist was determined that the structure of global trade be stabilized to prevent political history from repeating itself?

John Maynard Keynes

300

Which countries enacted an economic sanctions regime following Russia's invasion of Ukraine?

The Western Countries

400

Who was the current U.S. President at the time, who did not approve of the ITO?

Harry Truman

400

The value of merchandise exports fell by 22.31 per cent in a single year between which two years?

2008 and 2009

400

How many members does the WTO currently have?

164

400

Which countries have faced political pressures to demonstrate their commitment to the existing global economic order?

Developing Countries

400

Which two contradicting structures do we now see in a complex pattern existing side-by-side?

Globalization and Deglobalization

500

At the time when the ITO was proposed, the U.S. accounted for approximately what percent of total global exports?

25%

500

Increases in which type of trade have seemingly reached a plateau since the 2010s?

Merchandise Trade

500

What is the name of the process that describes how all reforms in the WTO must be accepted as a package?

Single Undertaking

500

What trade regulation organization faces an uncertain future?

The World Trade Organization

500

The formal task of which organization is to provide short term monetary assistance to countries struggling with financial instability?

The IMF