Exam 8: Economics

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All of the following are issues that are of significant concern to reaching social equity in the world of trade except:

(Multiple Choice)
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Why were there protests the 1999 Seattle World Trade Organization meetings?

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In terms of private property rights to land,which statement is true?

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What forms can negative reciprocity take?

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In the United States and Canada potlatches have often been at the center of heated political debate.Why do you think the governments of these countries have felt a necessity to get so involved in this form of indigenous exchange?

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Today there are two fundamentally different types of markets.What are they?

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Formal economic theory is based on assumptions such as:

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Every state economy today is a blend of both:

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Which of the following is not a major difference between business firms and households as productive units?

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The household is the basic unit of production in most industrialized societies.

(True/False)
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Evidence suggests that during economic downturns family businesses increase.

(True/False)
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Found among the Indians of the Northwest Coast,the potlatch is a mechanism of both redistribution and social ranking.

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Americans tend to be more positive and optimistic about globalization than do the Italians or the French.

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The pro-corporation perspective supporting globalization is most associated with which country?

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Reciprocity refers to an exchange of goods and/or services of:

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Land is most likely owned by an extended kinship group among:

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The potlatch,as practiced by the Northwest Coast Indians,served to do all of the following except:

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Food collecting communities' control of land rights:

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All of the following are potential limitations to personal property rights in the United States except:

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In most non-industrialized societies,the basic unit of production is the:

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