The World Trade Organization, the World Bank, and the International Monetary Fund were each formed to deal with specific international economic issues. (a) Explain the purpose of each organization and how effective it has been. (b) Do these organizations infringe on state sovereignty?
What will be an ideal response?
The WTO is a full-fledged IGO with formal decision-making procedures. Mandated to
manage disputes arising from its trading partners, the WTO has been given authority to
enforce trading rules and to adjudicate trade disputes. Because Global South countries
often have difficulty borrowing money to finance projects aimed at promoting
economic growth, the bank offers them loans with lower interest rates and longer
repayment plans than they could typically obtain from commercial banks. Most
recently, the World Bank has set a goal to end extreme poverty throughout the world
by 2030 . The International Monetary Fund (IMF) is a truly global IGO designed to
maintain currency exchange stability by promoting international monetary cooperation
and orderly exchange arrangements. Further, the IMF sometimes functions as a lender
of last resort for countries experiencing financial crises.
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Developmentalists all agree that spanking an infant is wrong.
a. true b. false
Which of the following is NOT one of the four basic steps in the initiative process that most states share?
a. The proposal is drafted by proponents. b. A state official issues an official title and summary of the measure. c. Proponents circulate petitions for voters to sign. d. A citizen commission verifies whether a valid number of signatures are collected.
Which of the following refers to the president’s ability to manipulate and gauge public opinion?
a. A president who “goes public” b. An institutional president c. A public relations presidency d. An imperial president
Judicial activism means
A. the Supreme Court should accept as many cases for decision as it can. B. the Supreme Court should actively check the other branches of government when they exceed their authority. C. the Supreme Court should have the power of judicial review. D. the courts should defer to decisions made by the elected representatives of the people whenever possible. E. the members of the Supreme Court should deliver as many public speeches as possible, in an effort to engage and inform the American people.