chapter 3

Question 1

3 basic types of market integration

Answer 1

horizontal integration
vertical integration
conglomeration

Question 2

this occurs when a firm or agency gains control of other firm or agency

Answer 2

horizontal integration

Question 3

this occurs when a firm performs more than one activity in the sequence of the marketing process

Answer 3

vertical integration

Question 4

degree of integration (2)

Answer 4

ownership integration
contract integration

Question 5

this occurs when all the decision and assets of firms is completely assumed by another firm

Answer 5

ownership integration

Question 6

this involve an agreement between two firms on certain decisions, which each firm retains its separate identity

Answer 6

contract integration

Question 7

the degree of correlation between two prices

Answer 7

price correlation

Question 8

refers to the relationship between different state union

Answer 8

modern interstate system

Question 9

it is a core state that has a significantly greater amount of economic power than any other state

Answer 9

hegemon

Question 10

it is a macro scale approach use to analyze the world history of the mankind and social changes in different countries

Answer 10

world systems theory

Question 11

this region have less developed economy and are not dominant in the international trade

Answer 11

semi-peripheral nations

Question 12

these are the nations that are least economically developed

Answer 12

peripheral nations

Question 13

it is a part of institutional framework that binds national economies

it refers to the operating system of the financial environment

Answer 13

international monetary system

Question 14

List of international financial institution

Answer 14

• european investment bank (EIB)
• inter-american development bank (IDB)
• asian development bank (ADB)
• international fund for agricultural development (IFAD)

Question 15

international financial institution

EIB

Answer 15

european investment bank

Question 16

international financial institution

IDB

Answer 16

inter-american development bank

Question 17

international financial institution

ADB

Answer 17

asian development bank

Question 18

international financial institution

IFAD

Answer 18

International fund for agricultural development

Question 19

stages of international monetary system

BGGF

Answer 19

the bimetallism
gold standard
gold exchange standard
flexible exchange rate regime

Question 20

• ___ - EU’s financing institution
• ___ - a regional development bank
• ___ - a multilateral developement financial institution
• ___ - an international financial institution

Answer 20

european investment bank (EIB)
inter-american development bank (IDB)
asian development bank (ADB)
international fund for agricultural development (IFAD)

Question 21

the world bank was created in 1944 out of the ___?

Answer 21

bretton woods agreement

Question 22

IMF’s primary methods for achieving their goals

Answer 22

• monitoring
• capacity building
• lending

Question 23

it is the product of selective pooling of national sovereignty

Answer 23

european integration

Question 24

it refers to the emergence of a starkly opposing theory of european integration

Answer 24

intergovernmentalism

Question 25

it emphasis on **non-state interests at the domestic and supernational levels**

Answer 25

neofunctionalism

Question 26

a final strand within the lifelong learning programme is the ____? the programme is **concerned with the construction of the european community** and etc..

Answer 26

Jean Monnet Programme

Question 27

he is the ***french president*** who **advocate immediate action and a radical solution to the greek problem**

Answer 27

president nicolas sarkozy

Question 28

they argue that a **'social europe' already exists**, and is actively engaged in politics

Answer 28

leibfried and pierson

Question 29

EIB was created in 9158 under the ___?

Answer 29

treaty of rome

Question 30

economic integration in ASEAN is delivered through the ___?

Answer 30

ASEAN Economic Community

Question 31

AEC blueprint 2025 envisions five interrelated and mutually reinforcing characteristics namely....

Answer 31

* a highly integrated and cohesive economy * a competitive, innovative, and dynamic ASEAN * enhanced connectivity and sectoral cooperation * A resilient, inclusive, people-oriented, and people centered ASEAN * a global ASEAN

Question 32

Through the years, the World Bank has expanded from a single institution to a group of five unique and cooperative institutional organizations, known as the **World Banks or collectively as the World Bank Group** (5)

Answer 32

* International Bank for Reconstruction of Development (IBRD), * International Development Association (IDA) * International Finance Corporation (IFC) * Multilateral Investment Guarantee Agency (MIGA) * the International Centre for Settlement of Investment Disputes (ICSID),

Question 33

# World Bank Group The **first organization** is the ________________, an institution that provides **debt financing to governments** that are considered **middle income**.

Answer 33

International Bank for Reconstruction of Development (IBRD)

Question 34

# World Bank Group The second organization within the World Bank Group is the ____________, a group that gives **i*nterest-free loans* to the governments of poor countries**.

Answer 34

International Development Association (IDA)

Question 35

# World Bank Group The ________, the **third organization**, focuses on the **private sector and provides developing countries with investment** financing and financial advisory services.

Answer 35

International Finance Corporation (IFC)

Question 36

# World Bank Group The **fourth part of the World Bank Group** is the ________, an organization that **promotes foreign direct *investments* in developing countries.**

Answer 36

Multilateral Investment Guarantee Agency (MIGA)

Question 37

# World Bank Group The **fifth organization** is the _________, an entity that **provides *arbitration* on international investment disputes.**

Answer 37

International Centre for Settlement of Investment Disputes (ICSID)