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EOY VOC
Test Description: EOY VOC
Instructions: Answer all questions to get your test result.
1) Economic decisions are made by individuals or the open market.
A
Socialism
B
Communism
C
Capitalism
D
Traditionalism
2) 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
Socialism
B
Free Market Economy
C
Capitalism
D
Communism
3) A sum paid or charged for the use of money or for borrowing money
A
Principle
B
Interest
C
Capital
D
Interest Rate
4) An international organization formed after WWII to promote international peace, security, and cooperation.
A
EU
B
WHO
C
UN
D
League of Nations
5) Group of 20 leading economies; new great powers, International forum for constructive discussion between industrial and emerging market economies
A
G-20
B
WTO
C
G-7
D
NATO
6) 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
A
WHO
B
NATO
C
UN
D
EU
7) an economic association by a number of Western European countries to promote free trade among its members
A
UN
B
NATO
C
WHO
D
EU
8) a number assigned to a person that indicates to lenders their capacity to repay a loan.
A
Credit Card
B
Credit Report
C
Interest Rate
D
Credit Score
9) is a specialized agency of the United Nations that is concerned with international public health.
A
EU
B
UN
C
WHO
D
WTO
10) the only international body dealing with the rules of trade between nations
A
EU
B
WTO
C
UN
D
WHO
*select an answer for all questions
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