Direction: Write T if the statement is correct, and F if the statement is incorrect. _____ 4. As a consequence of the Treaty (or Treaties) of Westphalia, secular political power was stripped from religious authorities. _____ 5. The United Nations main mandate is to preserve global security, which it does particularly through the Security Council. _____ 6. The global economy refers to the interconnected worldwide economic activities that take place between multiple countries. _____ 7. International Finance refers to the exchange of goods and services between different countries, and it has also helped countries to specialize in products which they have a comparative advantage in. _____ 8. The specialization of goods production in most countries has led to advantageous economic factors such as lower average costs and lower prices for customers. _____ 9. Due to the presence of regionalism, it has become easier for countries to attract short-term and long-term investment. _____ 10. Imperialism refers to the “various methods” that one country employs to gain political, economic and military control over another country or geographic area.
Direction: Write T if the statement is correct, and F if the statement is incorrect.
_____ 4. As a consequence of the Treaty (or Treaties) of Westphalia, secular political power was stripped from religious authorities.
_____ 5. The United Nations main mandate is to preserve global security, which it does particularly through the Security Council.
_____ 6. The global economy refers to the interconnected worldwide economic activities that take place between multiple countries.
_____ 7. International Finance refers to the exchange of goods and services between different countries, and it has also helped countries to specialize in products which they have a
_____ 8. The specialization of goods production in most countries has led to advantageous economic factors such as lower average costs and lower prices for customers.
_____ 9. Due to the presence of regionalism, it has become easier for countries to attract short-term and long-term investment.
_____ 10. Imperialism refers to the “various methods” that one country employs to gain political, economic and military control over another country or geographic area.
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