Question 1

For realists, the problem of relative gains refers to the situation in which

Accepted Answer

A)  even if both sides gain, the side that gains more may increase its power over the side that gains less. 
B)  both sides may gain, which would lead to a mutual increase in state power. 
C)  both sides are negatively affected by trade and in a position to lose power. 
D)  the efficiency of trade benefits becomes more important than the distribution of benefits. 
A)  even if both sides gain, the side that gains more may increase its power over the side that gains less. 
B)  both sides may gain, which would lead to a mutual increase in state power. 
C)  both sides are negatively affected by trade and in a position to lose power. 
D)  the efficiency of trade benefits becomes more important than the distribution of benefits.

Question 2

The post-2008 economic crisis

Accepted Answer

A)  strengthened the arguments of liberals. 
B)  strengthened the views of economic structuralists. 
C)  has contributed to the view that economies function best when governments are least involved. 
D)  has contributed to the view that state intervention is important, and markets left to themselves will induce crisis. 
A)  strengthened the arguments of liberals. 
B)  strengthened the views of economic structuralists. 
C)  has contributed to the view that economies function best when governments are least involved. 
D)  has contributed to the view that state intervention is important, and markets left to themselves will induce crisis.

Question 3

The business practice of providing access to small amounts of money to women is called

Accepted Answer

A)  international borrowing. 
B)  microlending. 
C)  creative financing. 
D)  small business loans. 
A)  international borrowing. 
B)  microlending. 
C)  creative financing. 
D)  small business loans.

Question 4

The term that refers to the reduction of the general level of prices in an economy is

Accepted Answer

A)  devaluation. 
B)  depression. 
C)  depreciation. 
D)  deflation. 
A)  devaluation. 
B)  depression. 
C)  depreciation. 
D)  deflation.

Question 5

Exchange rates are critical to a country's economic position. Why do exchange rates matter? In what ways do they affect a country's economy?

Accepted Answer

Exchange rates are critical to a country

Question 6

By implementing policies called for by the theory of comparative advantage, what is meant to happen between the two countries?

Accepted Answer

A)  One country is able to out produce and sell more than the other country 
B)  Production increases in one country while consumption decreases in the other 
C)  Consumption drops in both countries while production remains constant 
D)  Consumption increases in both countries 
A)  One country is able to out produce and sell more than the other country 
B)  Production increases in one country while consumption decreases in the other 
C)  Consumption drops in both countries while production remains constant 
D)  Consumption increases in both countries

Question 7

An American manufacturer with American customers competing with imported goods will benefit from

Accepted Answer

A)  a strong American dollar. 
B)  a weak American dollar. 
C)  neither a weak or strong American dollar. Exchange rates do not affect manufacturers. 
D)  a stable American dollar. 
A)  a strong American dollar. 
B)  a weak American dollar. 
C)  neither a weak or strong American dollar. Exchange rates do not affect manufacturers. 
D)  a stable American dollar.

Question 8

When the European Union places restrictions on genetically modified crops because of the EU's concern for health, the U.S. government considers this policy as a form of

Accepted Answer

A)  fair trade. 
B)  free trade. 
C)  protectionism. 
D)  competitive devaluation. 
A)  fair trade. 
B)  free trade. 
C)  protectionism. 
D)  competitive devaluation.

Question 9

Approximately what percentage of the clothing sold in the United States is manufactured elsewhere?

Accepted Answer

A)  35 percent 
B)  50 percent 
C)  75 percent 
D)  98 percent 
A)  35 percent 
B)  50 percent 
C)  75 percent 
D)  98 percent

Question 10

Neomercantilism includes all but one of the following principles. Which is not correct?

Accepted Answer

A)  Focus on state goals 
B)  Concern with the distribution of the gains from trade 
C)  Focus on the benefits of trade 
D)  Emphasis on the conflictual nature of trade 
A)  Focus on state goals 
B)  Concern with the distribution of the gains from trade 
C)  Focus on the benefits of trade 
D)  Emphasis on the conflictual nature of trade

For realists, the problem of relative gains refers to the situation in which

The post-2008 economic crisis

The business practice of providing access to small amounts of money to women is called

The term that refers to the reduction of the general level of prices in an economy is

Exchange rates are critical to a country's economic position. Why do exchange rates matter? In what ways do they affect a country's economy?

By implementing policies called for by the theory of comparative advantage, what is meant to happen between the two countries?

An American manufacturer with American customers competing with imported goods will benefit from

When the European Union places restrictions on genetically modified crops because of the EU's concern for health, the U.S. government considers this policy as a form of

Approximately what percentage of the clothing sold in the United States is manufactured elsewhere?

Neomercantilism includes all but one of the following principles. Which is not correct?

Introduction Problems and Questions in International Politics

The Historical Evolution of International Politics

Theories of International Relations Realism and Liberalism

Theories of International Relations Economic Structuralism Constructivism and Feminism

The State Society and Foreign Policy

Bureaucracies Groups and Individuals in the Foreign Policy Process

International Organizations and Transnational Actors

International Insecurity and the Causes of War and Peace

The Use of Force

The Globalization of Trade and Finance

The Problem of Global Inequality

International Law Norms and Human Rights

The Global Environment and International Politics

Conclusion Power and Purpose in a Changing World

Filters

Exam 10: Fundamentals of International Political Economy

For realists, the problem of relative gains refers to the situation in which

The post-2008 economic crisis

The business practice of providing access to small amounts of money to women is called

The term that refers to the reduction of the general level of prices in an economy is

Exchange rates are critical to a country's economic position. Why do exchange rates matter? In what ways do they affect a country's economy?

By implementing policies called for by the theory of comparative advantage, what is meant to happen between the two countries?

An American manufacturer with American customers competing with imported goods will benefit from

When the European Union places restrictions on genetically modified crops because of the EU's concern for health, the U.S. government considers this policy as a form of

Approximately what percentage of the clothing sold in the United States is manufactured elsewhere?

Neomercantilism includes all but one of the following principles. Which is not correct?

Introduction Problems and Questions in International Politics

The Historical Evolution of International Politics

Theories of International Relations Realism and Liberalism

Theories of International Relations Economic Structuralism Constructivism and Feminism

The State Society and Foreign Policy

Bureaucracies Groups and Individuals in the Foreign Policy Process

International Organizations and Transnational Actors

International Insecurity and the Causes of War and Peace

The Use of Force

The Globalization of Trade and Finance

The Problem of Global Inequality

International Law Norms and Human Rights

The Global Environment and International Politics

Conclusion Power and Purpose in a Changing World

Filters