IB Practice

True

International institutions provide nations the opportunity to build multilateral solutions through collaborative communication. ⊚ true ⊚ false

True

One of the significant differences between formal and informal institutions is how they gain compliance. ⊚ true ⊚ false

False

Permanent members of the UN Security Council vote on Security Council measures and only the Secretary-General of the UN has veto power. ⊚ true ⊚ false

provide ways to avoid or settle conflicts.

Strong institutions are vitally important to international business decision makers because they A) provide ways to avoid or settle conflicts. B) provide methods for moving trade forward. C) are the foundation for our interactions. D) hold power of trade processes.

True

The United Nations operates with voluntary agreements, so it is essentially an informal institution. ⊚ true ⊚ false

formal

Which type of institution operates through laws and regulations, with coercion as the regulative mechanism? A) formal B) iInformal C) normative D) cognitive