Cultural Challenges

Question 1

International economic organizations try to help the global economy by

Revolt · Accepted Answer

managing competition between nations.

Question 2

Which international economic organization is made up of leaders from the world’s largest economies?

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Group of 20

Question 3

A multinational corporation is a company that

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operates branches in more than one country.

Question 4

Which statement best describes the relationship between United States and other countries in the global economy during the financial crisis of 2008?

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A crisis in the United States spread to other countries because of a global financial industry.

Question 5

Which statement best summarizes the financial crisis of 2008?

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Problems in the US economy caused the global economy to slow down, which made it harder for the United States to recover.

Question 6

To receive a loan from the IMF, a country must

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agree to make economic reforms.

Question 7

What happened after bank lending slowed in the United States in the mid-2000s?

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US and global stock markets collapsed.

Question 8

What triggered the financial crisis of 2008 in the United States?

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American housing prices dropped.

Question 9

Poverty reduction is the main goal of the

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World Bank.

Question 10

A company with technical support staff in another country mostly benefits from changes to

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communications.

Cultural Challenges Answers