EOY VOC Multiple Choice Test

Economic decisions are made by individuals or the open market.

a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.

A sum paid or charged for the use of money or for borrowing money

An international organization formed after WWII to promote international peace, security, and cooperation.

Group of 20 leading economies; new great powers, International forum for constructive discussion between industrial and emerging market economies

North Atlantic Treaty Organization; an alliance made to defend one another if they were attacked by any other country; US, England, France, Canada, Western European countries

an economic association by a number of Western European countries to promote free trade among its members

a number assigned to a person that indicates to lenders their capacity to repay a loan.

is a specialized agency of the United Nations that is concerned with international public health.

the only international body dealing with the rules of trade between nations

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