Question 1

Many people in Europe, the United States, and elsewhere are disenchanted with the effects of the international trade structure. Explain why.

Accepted Answer

There are several reasons why many peopl

Question 2

Which of the following is a reason why many states resist significant liberalization of trade in services?

Accepted Answer

A)  Worries that the state will lose monopoly control over the health care and education sectors 
B)  Fears that foreign intelligence agencies will gain more access to information about one's citizens 
C)  Worries that certain "ways of life" will be lost 
D)  All of the above 
A)  Worries that the state will lose monopoly control over the health care and education sectors 
B)  Fears that foreign intelligence agencies will gain more access to information about one's citizens 
C)  Worries that certain "ways of life" will be lost 
D)  All of the above

Question 3

Free trade agreements have never created truly free trade. Explain this statement, with examples.

Accepted Answer

Free trade agreements have never created

Question 4

Which of the following is incorrect?

Accepted Answer

A)  Mercantilists prefer strategic trade policies. 
B)  Economic liberals prefer international trade rules. 
C)  Structuralists prefer that states practice neo-imperialism in order to dump excess goods and capital abroad. 
D)  Economic liberals like TRIPs. 
A)  Mercantilists prefer strategic trade policies. 
B)  Economic liberals prefer international trade rules. 
C)  Structuralists prefer that states practice neo-imperialism in order to dump excess goods and capital abroad. 
D)  Economic liberals like TRIPs.

Question 5

Which of the following is not a claim that Autor, Dorn, and Hanson make about trade shocks?

Accepted Answer

A)  They reduce manufacturers' expenditures on research and development. 
B)  They cause voters to support more extremist candidates in the Democratic and Republican parties. 
C)  They are correlated with a rise in male deaths from drug and alcohol abuse. 
D)  They cause a decline in voter participation rates. 
A)  They reduce manufacturers' expenditures on research and development. 
B)  They cause voters to support more extremist candidates in the Democratic and Republican parties. 
C)  They are correlated with a rise in male deaths from drug and alcohol abuse. 
D)  They cause a decline in voter participation rates.

Question 6

Negotiations in the Uruguay and Doha Rounds were each organized as a "single undertaking," meaning that

Accepted Answer

A)  the agreed goal of the negotiations was a single tariff rate for imported manufactured goods, agricultural goods, and services. 
B)  nothing was agreed until everything was agreed. 
C)  tariff rates would be harmonized across all WTO members. 
D)  WTO members pledged not to sign any other trade agreements during the Rounds. 
A)  the agreed goal of the negotiations was a single tariff rate for imported manufactured goods, agricultural goods, and services. 
B)  nothing was agreed until everything was agreed. 
C)  tariff rates would be harmonized across all WTO members. 
D)  WTO members pledged not to sign any other trade agreements during the Rounds.

Question 7

Some argue that the United States is hypocritical on trade because it pressures other countries to liberalize trade but uses many forms of trade protectionism itself. Provide examples to support this argument.

Accepted Answer

Some argue that the United States is hyp

Question 8

Discuss the most important issues of the GATT Uruguay Round and the WTO's Doha Round.

Accepted Answer

The GATT Uruguay Round, which took place

Question 9

Which of the following is a multilateral trade deal being negotiated between the EU and the United States?

Accepted Answer

A)  RCEP 
B)  TPP 
C)  TTIP 
D)  TiSA 
A)  RCEP 
B)  TPP 
C)  TTIP 
D)  TiSA

Question 10

Explain several commonly-used protectionist trade measures.

Accepted Answer

Several commonly-used protectionist trad

Question 11

According to the theory of comparative advantage, mutually advantageous international trade is based on differences in

Accepted Answer

A)  the absolute abundance of natural resources. 
B)  the relative cost of producing a good in different countries. 
C)  which good a particular nation can produce at the lowest cost. 
D)  the effective use of trade barriers and export subsidies. 
A)  the absolute abundance of natural resources. 
B)  the relative cost of producing a good in different countries. 
C)  which good a particular nation can produce at the lowest cost. 
D)  the effective use of trade barriers and export subsidies.

Question 12

Place these four trade-related events in their proper chronological order: (a) TPP negotiations; (b) Uruguay Round; (c) Tokyo Round; (d) Doha Round.

Accepted Answer

A)  a, b, c, d 
B)  d, b, c, a 
C)  c, b, d, a 
D)  c, d, a, b 
A)  a, b, c, d 
B)  d, b, c, a 
C)  c, b, d, a 
D)  c, d, a, b

Question 13

One important trend of recent years has been the growth of regional trade blocs. Which of the following is not a regional trade bloc?

Accepted Answer

A)  the G20 
B)  the EU 
C)  ASEAN 
D)  NAFTA 
A)  the G20 
B)  the EU 
C)  ASEAN 
D)  NAFTA

Many people in Europe, the United States, and elsewhere are disenchanted with the effects of the international trade structure. Explain why.

Which of the following is a reason why many states resist significant liberalization of trade in services?

Free trade agreements have never created truly free trade. Explain this statement, with examples.

Which of the following is incorrect?

Which of the following is not a claim that Autor, Dorn, and Hanson make about trade shocks?

Negotiations in the Uruguay and Doha Rounds were each organized as a "single undertaking," meaning that

Some argue that the United States is hypocritical on trade because it pressures other countries to liberalize trade but uses many forms of trade protectionism itself. Provide examples to support this argument.

Discuss the most important issues of the GATT Uruguay Round and the WTO's Doha Round.

Which of the following is a multilateral trade deal being negotiated between the EU and the United States?

Explain several commonly-used protectionist trade measures.

According to the theory of comparative advantage, mutually advantageous international trade is based on differences in

Place these four trade-related events in their proper chronological order: (a) TPP negotiations; (b) Uruguay Round; (c) Tokyo Round; (d) Doha Round.

One important trend of recent years has been the growth of regional trade blocs. Which of the following is not a regional trade bloc?

What Is International Political Economy

Laissez-Faire: the Economic Liberal Perspective

Wealth and Power: the Mercantilist Perspective

Economic Determinism and Exploitation: the Structuralist Perspective

Constructivism

The Global Production Structure

The International Finance and Monetary Structure

The Global Security Structure

The International Knowledge Structure: Controlling Flows of Information and Technology

The Development Challenge

The Fragmentation of the European Union: the Crossroads Redux

Moving Into Position: the Rising Powers

The Middle East and North Africa: Things Fall Apart

The Illicit Global Economy: the Dark Side of Globalization

Energy and the Environment: Navigating Climate Change and Global Disaster

Global Health: Refugees and Caring for the Forgotten

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Exam 7: The International Trade Structure

Many people in Europe, the United States, and elsewhere are disenchanted with the effects of the international trade structure. Explain why.

Which of the following is a reason why many states resist significant liberalization of trade in services?

Free trade agreements have never created truly free trade. Explain this statement, with examples.

Which of the following is incorrect?

Which of the following is not a claim that Autor, Dorn, and Hanson make about trade shocks?

Negotiations in the Uruguay and Doha Rounds were each organized as a "single undertaking," meaning that

Some argue that the United States is hypocritical on trade because it pressures other countries to liberalize trade but uses many forms of trade protectionism itself. Provide examples to support this argument.

Discuss the most important issues of the GATT Uruguay Round and the WTO's Doha Round.

Which of the following is a multilateral trade deal being negotiated between the EU and the United States?

Explain several commonly-used protectionist trade measures.

According to the theory of comparative advantage, mutually advantageous international trade is based on differences in

Place these four trade-related events in their proper chronological order: (a) TPP negotiations; (b) Uruguay Round; (c) Tokyo Round; (d) Doha Round.

One important trend of recent years has been the growth of regional trade blocs. Which of the following is not a regional trade bloc?

What Is International Political Economy

Laissez-Faire: the Economic Liberal Perspective

Wealth and Power: the Mercantilist Perspective

Economic Determinism and Exploitation: the Structuralist Perspective

Constructivism

The Global Production Structure

The International Finance and Monetary Structure

The Global Security Structure

The International Knowledge Structure: Controlling Flows of Information and Technology

The Development Challenge

The Fragmentation of the European Union: the Crossroads Redux

Moving Into Position: the Rising Powers

The Middle East and North Africa: Things Fall Apart

The Illicit Global Economy: the Dark Side of Globalization

Energy and the Environment: Navigating Climate Change and Global Disaster

Global Health: Refugees and Caring for the Forgotten

Filters