Exam 4: Regional Economic and Political Integration

Russian dominance in the former Soviet Union led to the use of the Russian language in many countries in Europe and Asia. In which of the following countries has Russian never been used?

Which of the following is a factor that prompts countries to favor trade with other countries?

South Africa is a member of The Common Market for Eastern and Southern Africa (COMESA).

Countries in East Africa were formerly colonized by ____________________. They share a common second language (French), as well as extensive economic and political ties with the former colonist.

The twelve non-Baltic successors to the Union of the Soviet Socialist Republics formed the

____ is a member of the South African Customs Union (SACU).

____________________'s economic, political, and cultural dominance in the former Soviet Union has resulted, for example, in the use of the Russian language from the Baltics (Estonia, Lithuania, and Latvia) and the Ukraine, to the Asian republics of the former federation, such as Turkmenistan and Azerbaijan.

Which of the following is not a free trade agreement?

The ______________________________ consists of representatives from parliaments of member states (of the European Union) and it acts as a constitutional council; it has the power to overrule the Court of Justice.

A history of dominance by one nation in a region often leads to shared

Former colonies of the British Empire ____.

In the case of the Southern Cone Common Market (MERCOSUR), the member countries agree with the associate members on the common external tariffs they should impose on international business entering the region.

Countries in East Africa were formerly colonized by ____ and share a common second language, as well as ties with the former colonist.

Under the North American Free Trade Agreement (NAFTA), what percentage of a good must be of North American content in order to be duty-free?

Members of the European Union often differ with regard to the economic and trade policies they advocate. Which of the following is an accurate description of one of those differences as illustrated in your text?

Why was the Southern African Development Community (SADC) founded?

Which economic organization was established in Canberra, Australia, to mitigate the economic block and trade protection trend prevailing in the 1970's and 1980's?

The ______________________________, in which heads of government meet, is the highest policy-making body of the European Union.

Recently, the European Commission blocked the merger of MCI Worldcom and Sprint because

Which European organization is the equivalent of the Federal Reserve Bank for the United States?