International Cooperation Quizzes, Questions & Answers

Top Trending International Cooperation Quizzes

Global Trade and Policy Cooperation Quiz

Global Trade And Policy Cooperation Quiz

Explore the dynamics of international cooperation with a focus on how nations collaborate in global trade and policy-making. This content is designed to enhance understanding of international relations, economic agreements, and...

Questions: 3 | Attempts: 10 | Last updated: Aug 4, 2025

Sample Question 1
What challenges does the WTO face?

One of the key challenges for the WTO is regulating the stock market and financial institutions.

The biggest challenge for the WTO is promoting military alliances among member countries.

The WTO faces a variety of challenges.One is dealing with sectors of the economy that seemingly receive government protection in every country. Two such sectors are agriculture and textiles.The Cairns Group of major agricultural exporters led by Argentina, Australia, Brazil, Canada, and Thailand = pressuring other WTO members to ensure the Doha Round significantly reduces barriers to agricultural trade.Similarly, trade in textiles had been governed since 1974 by the Multifibre Agreement, which created a complex array of quotas and tariffs.Another challenge facing the WTO is reducing barriers to trade in services.The Uruguay Round developed a set of principles under which such trade should be conducted; one nondiscriminatory approach is the use of national treatment, whereby a country treats foreign firms the same way it treats domestic firms.

The main challenge of the WTO is managing global currency exchange rates.

Sample Question 2
What is a Customs Union?

A customs union focuses solely on internal trade barriers and does not involve any external trade policies.

A customs union combines the elimination of internal trade barriers among its members with the adoption of common external trade policies toward nonmembers. A customs union goes further than a Free Trade Area and requires its members to implement a common external tariff on imports from outside the Union, whereby the aim is to facilitate goods to move freely throughout the union.

A customs union allows unrestricted trading of goods and services between member countries without any external trade policies.

In a customs union, each member country must maintain its own external trade policies without any coordination with other members.

Sample Question 3
What is a political union?

A political union is mainly focused on creating new political entities with no independence from individual states.

A political union refers to a simple cooperation between states without any economic integration.

A political union involves the weakening of a political system and the reduction of decision-making capacity.

A political union is the complete political as well as economic integration of two or more countries, thereby effectively making them on country. As already indicated, the weaker forms of international political integration refer to cooperation between states and formations of state-based regimes. The deeper forms of integration refer to the constitution of new political entities, which have a certain degree of independence in regard to the individual states. Thus, political integration involves the strengthening of a political system, in particular the scope and capacity of its decision-making process. Besides this institutional aspect of integration, there is as well the normative dimension of creating a political community.