Chapter 10 Europe, Africa, and the Middle East Answer Key
True / False Questions
1. (p. 276) Multinational market regions are those groups of countries that seek mutual economic
benefit from reducing interregional trade and tariff barriers.
TRUE
The purpose behind the creation of a multinational market region is a reduction in trade and tariff
barriers which facilitate economic benefits for member countries.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-01 The reasons for economic union
Topic: Might Free Trade Bring Peace to the Middle East?
2. (p. 277) An important objective of the member states of the United Nations is bringing about
mutual economic development.
TRUE
Part of the efforts of the 192 member countries in the United Nations includes mutual economic
development.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-01 The reasons for economic union
Topic: Might Free Trade Bring Peace to the Middle East?
,3. (p. 277) The WTO is wholly dedicated toward making trade among nations more efficient.
TRUE
the World Trade Organization, with its 153 members and 30 observers, is wholly dedicated to
making trade among nations more efficient.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-01 The reasons for economic union
Topic: Might Free Trade Bring Peace to the Middle East?
4. (p. 277) Nations with complementary economic bases are most likely to encounter frictions in the
development and operation of a common market unit.
FALSE
Nations with complementary economic bases are least likely to encounter frictions in the
development and operation of a common market unit.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-01 The reasons for economic union
Topic: Might Free Trade Bring Peace to the Middle East?
5. (p. 279) The most basic level of economic integration and cooperation is geographical local
federation (GLF).
FALSE
The most basic level of economic integration and cooperation is the regional cooperation for
development (RCD).
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
,6. (p. 279) The WTO represents the most important and comprehensive trade agreement in history.
TRUE
At the most general level, the World Trade Organization represents the most important
comprehensive trade agreement in history.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
7. (p. 279) Essentially, a free trade area (FTA) provides its members with a mass market without
barriers to impede the flow of goods and services.
TRUE
A free trade area provides its members with a mass market without barriers to impede the flow of
goods and services.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
8. (p. 279) The European Union is a good example of a free trade area.
FALSE
The European Union is a common market that is on the road to a political union.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
, 9. (p. 279) The political union is the most fully integrated form of regional cooperation.
TRUE
Political union is the most fully integrated form of regional cooperation. It involves complete
political and economic integration, either voluntary or enforced.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
10. (p. 279) The blueprint for the European Union began with the Treaty of Rome in 1957.
TRUE
The Treaty of Rome established the European Economic Community. The European Union is an
extension of the EEC.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
11. (p. 280) A commonwealth of nations is a mandatory organization providing for the strongest
possible economic integration relationship.
FALSE
A commonwealth of nations is a voluntary organization providing for the loosest possible
relationship that can be classified as economic integration.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
True / False Questions
1. (p. 276) Multinational market regions are those groups of countries that seek mutual economic
benefit from reducing interregional trade and tariff barriers.
TRUE
The purpose behind the creation of a multinational market region is a reduction in trade and tariff
barriers which facilitate economic benefits for member countries.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-01 The reasons for economic union
Topic: Might Free Trade Bring Peace to the Middle East?
2. (p. 277) An important objective of the member states of the United Nations is bringing about
mutual economic development.
TRUE
Part of the efforts of the 192 member countries in the United Nations includes mutual economic
development.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-01 The reasons for economic union
Topic: Might Free Trade Bring Peace to the Middle East?
,3. (p. 277) The WTO is wholly dedicated toward making trade among nations more efficient.
TRUE
the World Trade Organization, with its 153 members and 30 observers, is wholly dedicated to
making trade among nations more efficient.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-01 The reasons for economic union
Topic: Might Free Trade Bring Peace to the Middle East?
4. (p. 277) Nations with complementary economic bases are most likely to encounter frictions in the
development and operation of a common market unit.
FALSE
Nations with complementary economic bases are least likely to encounter frictions in the
development and operation of a common market unit.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-01 The reasons for economic union
Topic: Might Free Trade Bring Peace to the Middle East?
5. (p. 279) The most basic level of economic integration and cooperation is geographical local
federation (GLF).
FALSE
The most basic level of economic integration and cooperation is the regional cooperation for
development (RCD).
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
,6. (p. 279) The WTO represents the most important and comprehensive trade agreement in history.
TRUE
At the most general level, the World Trade Organization represents the most important
comprehensive trade agreement in history.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
7. (p. 279) Essentially, a free trade area (FTA) provides its members with a mass market without
barriers to impede the flow of goods and services.
TRUE
A free trade area provides its members with a mass market without barriers to impede the flow of
goods and services.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
8. (p. 279) The European Union is a good example of a free trade area.
FALSE
The European Union is a common market that is on the road to a political union.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
, 9. (p. 279) The political union is the most fully integrated form of regional cooperation.
TRUE
Political union is the most fully integrated form of regional cooperation. It involves complete
political and economic integration, either voluntary or enforced.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
10. (p. 279) The blueprint for the European Union began with the Treaty of Rome in 1957.
TRUE
The Treaty of Rome established the European Economic Community. The European Union is an
extension of the EEC.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Medium
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
11. (p. 280) A commonwealth of nations is a mandatory organization providing for the strongest
possible economic integration relationship.
FALSE
A commonwealth of nations is a voluntary organization providing for the loosest possible
relationship that can be classified as economic integration.
AACSB: Analytic
Bloom's: Knowledge
Difficulty Level: Easy
Learning Objective: 10-02 Patterns of international cooperation
Topic: Patterns of Multinational Cooperation
