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DochEvi [55]
3 years ago
8

Match each scenario with a concept related to the regulation of international trade

History
2 answers:
algol133 years ago
7 0

<u>Let's match the international trade organizations with their functions</u>

  • APEC (Asia-Pacific Economic Cooperation) - economic forum for Pacific Rim economies. It is a forum constituted by goverments of 21 Pacific Rim economies (countries in the Pacific rim and the islands) and it aims to promote free trade approaches throughout the mentioned region.
  • OPEC (Organization of the Petroleum Exporting Countries) - <u>controls most of the world's crude oil and natural gas resources</u>. It is one of the largest oligopolies in the world, constituted by the countries that had oil and gas reserves in their territories. These countries act as a group so that their joint market power is greater and allowes them to exercise great influence over the world price for oil.
  • World Bank - finances projects in middle-income nations. It is an international financial institution, with was created after WWII, and which provides finance to countries all over the world for capital projects. Its main goal is achieving a global poverty reduction.
Flura [38]3 years ago
4 0

finances projects in  

middle-income nations- world bank

economic forum for

Pacific Rim economies-apec

controls most of the

world’s crude oil and

natural gas reserves- opec

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Unicameral Legislature

Law making body made up of a single house

<span></span>Bicameral Legislature

lawmaking body made up of two houses.

<span></span>Articles of confederation

original federal constitution drafted by the continental congress in 1777

<span></span>federal

national

<span></span>Northwest territory

vast territory north of the Ohio river and west of Pennsylvania as far as the Mississippi River

<span></span>Land Ordinance of 1785

law which designed a system for managing and settling lands the the Northwest Territory

<span></span>Northwest Ordinance of 1787

law which provided a basis for governing the northwest territory

<span></span>Shays' Rebellion

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<span></span>John Dickinson

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<span></span>Virginia Plan

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<span></span>New Jersey Plan

William Paterson's proposal for a unicameral legislature with each state having one vote

<span></span>Great Compromise

compromise between the Virginia and New Jersey plans for a bicameral legislature; each state would have equal representation in the Senate and varied representation in the House of Representatives based on the state's population

<span></span>federalism

political system in which power is shared between the national government and state governments

<span></span>Three fifths Compromise

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<span></span>Alexander hamiliton

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<span></span>James Madison

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<span></span>ratification

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<span></span>The New Jersey Plan

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How did the three/fifths compromise help the south?

<span></span>The fact that Congress had a limited role. They could not tax or regulate commerce between states or states and foreign nations. There was no federal court system.

What were the weaknesses of the Articles of Confederation?

<span></span>the people

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