6) The _____________ was created in order to aid countries experiencing short-te

Question

6) The _____________ was created in order to aid countries experiencing short-term balance-of-payment and liquidity problems. 7) _____________ is characterized by networks of military force that operate at the international level.

8) Global teams and global cities are both components of _____________.

9) Countries working together in order to solve environmental problems is _____________.

10) The _____________ was created in order to help stimulate Europe’s economy following the destruction from World War II.

Explanation / Answer

6. Balance of payment.

When all components of the BOP accounts are included they must sum to zero with no overall surplus or deficit. For example, if a country is importing more than it exports, its trade balance will be in deficit, but the shortfall will have to be counterbalanced in other ways – such as by funds earned from its foreign investments, by running down central bank reserves or by receiving loans from other countries.

7. Network-centric warfare or Network-centric operations

The doctrine of network-centric warfare for the United States armed forces draws its highest level of guidance from the concept of "team warfare", meaning the integration and synchronization of all appropriate capabilities across the various services, ranging from Army to Air Force to Coast Guard. This is part of the principle of joint warfare.

8. Economic Globalization

Economic globalization is the increasing economicintegration and interdependence of national, regional, and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital.

9. United Nations Environment Program.

Serving as a vehicle for achieving international cooperation.

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