Global Market Integration

Question 1

after world war 1 what was developed

Answer 1

league of nations

Question 2

its task was to solve disputes between countries but they failed to prevent ww2

Answer 2

league of nations

Question 3

established on october 24, 1945

Answer 3

united nations

Question 4

to promote international corporation and international order

Answer 4

united nations (un)

Question 5

earlier in 1944 at a conference in bretton woods, new hampshire, US

Answer 5

establishment of internation financial institutions

the world bank
international monetary fund

Question 6

the aim of IFI

Answer 6

restore world economy
end extreme poverty

Question 7

types of itnernation financial institutions

Answer 7

intergovernmental
private

Question 8

intergovernmental what

Answer 8

world bank
international monetary fund

Question 9

the aim of this is to end extreme poverty and promote shared prosperity in a
sustainable way

Answer 9

world bank

Question 10

International Development Association, International Financial
Association, Multilateral Investment Guarantee Agency, and International
Center for Settlement and Investment Disputes

Answer 10

organizations of world bank

Question 11

 Facilitate granting of loans and financial assistance to developing
countries

Answer 11

Organizations of World Bank:

Question 12

Aim: foster monetary cooperation, secure financial stability, facilitate international
trade
Grants financial assistance and loans to developing countries

Answer 12

International Monetary Fund (IMF)

Question 13

1960 Regional Development Banks:

Answer 13

 Asian Development Bank (ADB)
 African Development Bank (AfDB)

Question 14

 to spur social progress and economic growth to reduce poverty in their respective
member countries

Answer 14

1960 Regional Development Banks:

Question 15

 An American multinational investment banking and finance
corporation

Answer 15

Citigroup

Question 16

 4th largest bank in the U.S.

Answer 16

Citigroup

Question 17

 Wealth management division of the bank of America

Answer 17

 Merrill Lynch

Question 18

both provide investments around the world: Foreign Direct
Investments, stocks, or financial loans

Answer 18

 Merrill Lynch
 Citigroup

Question 19

Both help to facilitate the functionality of a global economy
– Lending money to their member states and global
corporations

Answer 19

Intergovernmental and Private
Financial Institutions

Question 20

helps in project lending, establishes structural reforms, provides
technical assistance, provides international capital like foreign
direct investments, etc

Answer 20

Intergovernmental and Private
Financial Institutions

Question 21

It was the result of the establishment of a global economy
that involved the homogenization of trade and commerce.

Answer 21

Global Market Integration

Question 22

occurs when prices among different
locations or related goods follow similar patterns over a
long period of time. Groups of goods often move
proportionally to each other and when this relation is very
clear among different markets it is said that the markets
are integrated.

Answer 22

Global Market Integration

Question 23

How is Global Market
Integration Done?

Answer 23

–If Multinational Corporations and
Transnational Corporations follow a certain
trade in pricing and production over a long
period of time, therefore there is Global
Market Integration

Question 24

Common Attributes of Global
Corporations

Answer 24

 An agent of desired economic development
 An economic prominence
 A very powerful entity that can create a crisis

Question 25

Global Market Integration
Ex.

Answer 25

coca cola

Question 26

during the gulf war, the price for petroleum products hiked.

Answer 26

example for global market integration

Question 27

iphones are generally more expensive than androids, therefore the price is usuallly more homogenized throughout the world

Answer 27

example for global market integration