Exam 10: Europe, Africa, and the Middle East

Groups of countries that seek mutual economic benefit from reducing interregional trade and tariff barriers are called:

Nations with _____ economic bases are least likely to encounter frictions in the development and operation of a common market unit.

Which of these levels of economic integration lacks only political unity to become a political union?

The blueprint for the European Union began with the Treaty of Rome in 1957.

The Treaty of _____ established the European Economic Community (EEC) in 1957 and called for common external tariffs and the gradual elimination of intra-market tariffs, quotas, and other trade barriers.

Though now disbanded, which of the following was considered to be the most notable enforced political union of the last forty years?

The European Commission, the Council of Ministers, the European Parliament, and the Court of Justice are institutions of the ____.

The CIS is a loose economic and political alliance with open borders but no central government.

The most basic level of economic integration and cooperation is geographical local federation (GLF).

Europe and Asia had a trade group that emerged and persisted since the dissolution of the Soviet Union called the Newly Independent States.

A _____ of nations is a voluntary organization providing for the loosest possible relationship that can be classified as economic integration.

One of the first factors that gave the EU an edge over others in the process of becoming a common market was/were:

Describe the European Union today.

_____ is a comprehensive trade agreement that addresses, and in most cases improves, all aspects of doing business within North America.

Describe free trade area, customs union, common market, and political union.

Which of these is the most advanced and viable of Africa's regional organizations?

Discuss the functions of the institutions under the European Union.

Now that Apartheid is over, South Africa's economic growth has ____.

The most advanced and viable of Africa's regional organizations is called the Southern African Development Community.

Government bureaucracy, corruption and organized crime are common problems found in ____.