Question 1

All of the following cities are major centers for foreign exchange markets except

Accepted Answer

A)  London. 
B)  Hong Kong. 
C)  Tokyo. 
D)  Berlin. 
A)  London. 
B)  Hong Kong. 
C)  Tokyo. 
D)  Berlin.

Question 2

Define FDI and the top two destinations of FDI.

Accepted Answer

@#LAT-DLM&Investment in business in one

Question 3

Define trade barriers, and list three different types.

Accepted Answer

@#LAT-DLM&Method that government uses to

Question 4

The currency market is considered unstable and unpredictable because of

Accepted Answer

A)  The various factors that influence the appeal of any particular state's money. 
B)  The number of investors looking for a quick trade. 
C)  The level of government intervention in the currency market. 
D)  Both a and b 
A)  The various factors that influence the appeal of any particular state's money. 
B)  The number of investors looking for a quick trade. 
C)  The level of government intervention in the currency market. 
D)  Both a and b

Question 5

A medium of exchange, a unit of account, and a store of value are all used to describe

Accepted Answer

A)  An exchange rate system. 
B)  Money. 
C)  A barter system. 
D)  None of the above. 
A)  An exchange rate system. 
B)  Money. 
C)  A barter system. 
D)  None of the above.

Question 6

One of the effects of the Japanese and Chinese purchases of U.S. Treasury bonds is that

Accepted Answer

A)  The American real estate business is protected from a collapse that would occur if interest rates were to be raised. 
B)  The American consumer continues to spend rather than save. 
C)  Japanese and Chinese exports to the United States continue to benefit. 
D)  All of the above. 
A)  The American real estate business is protected from a collapse that would occur if interest rates were to be raised. 
B)  The American consumer continues to spend rather than save. 
C)  Japanese and Chinese exports to the United States continue to benefit. 
D)  All of the above.

Question 7

List and briefly explain the methods that liberals advocate for overcoming problems of cheating and the emphasis on relative gains.

Accepted Answer

@#LAT-DLM&Reciprocity (tit-for-tat strat

Question 8

In the information age, which of the following will become increasingly important?

Accepted Answer

A)  Knowledge 
B)  Information 
C)  Communication 
D)  All of the above 
A)  Knowledge 
B)  Information 
C)  Communication 
D)  All of the above

Question 9

Which of the following is an example of a fixed exchange rate system?

Accepted Answer

A)  The Smoot-Hawley Tariff 
B)  Voluntary export restriction 
C)  The gold standard 
D)  The barter system 
A)  The Smoot-Hawley Tariff 
B)  Voluntary export restriction 
C)  The gold standard 
D)  The barter system

Question 10

To help protect the value of currency under a fixed exchange rate system, government officials might

Accepted Answer

A)  Raise interest rates to shore up the value of their currency. 
B)  Inflate the exchange rate to maintain its fixed value. 
C)  Stop defending the currency. 
D)  All of the above. 
A)  Raise interest rates to shore up the value of their currency. 
B)  Inflate the exchange rate to maintain its fixed value. 
C)  Stop defending the currency. 
D)  All of the above.

Question 11

Patents, copyrights, trademarks, industrial design rights, and trade secrets are all covered under

Accepted Answer

A)  Research and development rights. 
B)  Foreign direct investment. 
C)  Intellectual property rights. 
D)  Mergers and acquisitions 
A)  Research and development rights. 
B)  Foreign direct investment. 
C)  Intellectual property rights. 
D)  Mergers and acquisitions

Question 12

Who is credited with the concept of comparative advantage?

Accepted Answer

A)  Adam Smith 
B)  Thomas Jefferson 
C)  David Ricardo 
D)  David Hume 
A)  Adam Smith 
B)  Thomas Jefferson 
C)  David Ricardo 
D)  David Hume

Question 13

Regimes do which of the following?

Accepted Answer

A)  They reduce the attractiveness of cheating. 
B)  They establish norms that facilitate cooperation. 
C)  They possess multiple and effective mechanisms and institutions to enforce agreements. 
D)  Both a and b 
A)  They reduce the attractiveness of cheating. 
B)  They establish norms that facilitate cooperation. 
C)  They possess multiple and effective mechanisms and institutions to enforce agreements. 
D)  Both a and b

Question 14

Currently, the most popular FDI destination is

Accepted Answer

A)  The United States. 
B)  Hong Kong. 
C)  China. 
D)  India. 
A)  The United States. 
B)  Hong Kong. 
C)  China. 
D)  India.

Question 15

Raising interest rates in an attempt to help the domestic economy under a fixed exchange rate system

Accepted Answer

A)  Makes borrowing money more expensive. 
B)  Reduces the number of domestic purchases. 
C)  Increases the demand for domestic investments by foreign investors. 
D)  All of the above. 
A)  Makes borrowing money more expensive. 
B)  Reduces the number of domestic purchases. 
C)  Increases the demand for domestic investments by foreign investors. 
D)  All of the above.

Question 16

__________ wrote about the "unseen hand" in his 1776 book The Wealth of Nations.

Accepted Answer

A)  Thomas Jefferson 
B)  Adam Smith 
C)  David Ricardo 
D)  Karl Marx 
A)  Thomas Jefferson 
B)  Adam Smith 
C)  David Ricardo 
D)  Karl Marx

Question 17

Since 2001, the United States has relied on which two countries to purchase U.S. Treasury bonds to avoid raising interest rates?

Accepted Answer

A)  Canada and Great Britain 
B)  Great Britain and Germany 
C)  Germany and Japan 
D)  Japan and China 
A)  Canada and Great Britain 
B)  Great Britain and Germany 
C)  Germany and Japan 
D)  Japan and China

Question 18

Economic liberals believe that

Accepted Answer

A)  Individuals are irrational in their economic decision making. 
B)  States are the principal actors in economics. 
C)  Government intervention is beneficial to the individual and international economy. 
D)  Individuals' self-interest not only increases their own wealth but also unintentionally improves the general public good. 
A)  Individuals are irrational in their economic decision making. 
B)  States are the principal actors in economics. 
C)  Government intervention is beneficial to the individual and international economy. 
D)  Individuals' self-interest not only increases their own wealth but also unintentionally improves the general public good.

Question 19

How do states deal with domestic economic problems, such as a recession, under a fixed exchange rate system?

Accepted Answer

@#LAT-DLM&See preceding question for details on fi

Question 20

As a result of the Smoot-Hawley Tariff, by 1932 the average tariff reached

Accepted Answer

A)  40 percent. 
B)  49 percent. 
C)  50 percent. 
D)  59 percent. 
A)  40 percent. 
B)  49 percent. 
C)  50 percent. 
D)  59 percent.

All of the following cities are major centers for foreign exchange markets except

Define FDI and the top two destinations of FDI.

Define trade barriers, and list three different types.

The currency market is considered unstable and unpredictable because of

A medium of exchange, a unit of account, and a store of value are all used to describe

One of the effects of the Japanese and Chinese purchases of U.S. Treasury bonds is that

List and briefly explain the methods that liberals advocate for overcoming problems of cheating and the emphasis on relative gains.

In the information age, which of the following will become increasingly important?

Which of the following is an example of a fixed exchange rate system?

To help protect the value of currency under a fixed exchange rate system, government officials might

Patents, copyrights, trademarks, industrial design rights, and trade secrets are all covered under

Who is credited with the concept of comparative advantage?

Regimes do which of the following?

Currently, the most popular FDI destination is

Raising interest rates in an attempt to help the domestic economy under a fixed exchange rate system

__________ wrote about the "unseen hand" in his 1776 book The Wealth of Nations.

Since 2001, the United States has relied on which two countries to purchase U.S. Treasury bonds to avoid raising interest rates?

Economic liberals believe that

How do states deal with domestic economic problems, such as a recession, under a fixed exchange rate system?

As a result of the Smoot-Hawley Tariff, by 1932 the average tariff reached

World Politics: Complexity and Competing Processes

Theory and World Politics

World Politics and Economics: 1648 1945

World Politics and Economics: the Cold War

Imperialism and Its Survivors

Globalization and Fragmentation in a New World Order: 1991 to the Present

Security Theory and Practice

Contemporary Security Issues

World Politics: Development

Human Issues: Demographic Trends

Resource Issues

Global Governance: International Law and Organizations

World Politics in Context

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Exam 9: World Politics: Trade and Investment

All of the following cities are major centers for foreign exchange markets except

Define FDI and the top two destinations of FDI.

Define trade barriers, and list three different types.

The currency market is considered unstable and unpredictable because of

A medium of exchange, a unit of account, and a store of value are all used to describe

One of the effects of the Japanese and Chinese purchases of U.S. Treasury bonds is that

List and briefly explain the methods that liberals advocate for overcoming problems of cheating and the emphasis on relative gains.

In the information age, which of the following will become increasingly important?

Which of the following is an example of a fixed exchange rate system?

To help protect the value of currency under a fixed exchange rate system, government officials might

Patents, copyrights, trademarks, industrial design rights, and trade secrets are all covered under

Who is credited with the concept of comparative advantage?

Regimes do which of the following?

Currently, the most popular FDI destination is

Raising interest rates in an attempt to help the domestic economy under a fixed exchange rate system

__________ wrote about the "unseen hand" in his 1776 book The Wealth of Nations.

Since 2001, the United States has relied on which two countries to purchase U.S. Treasury bonds to avoid raising interest rates?

Economic liberals believe that

How do states deal with domestic economic problems, such as a recession, under a fixed exchange rate system?

As a result of the Smoot-Hawley Tariff, by 1932 the average tariff reached

World Politics: Complexity and Competing Processes

Theory and World Politics

World Politics and Economics: 1648 1945

World Politics and Economics: the Cold War

Imperialism and Its Survivors

Globalization and Fragmentation in a New World Order: 1991 to the Present

Security Theory and Practice

Contemporary Security Issues

World Politics: Development

Human Issues: Demographic Trends

Resource Issues

Global Governance: International Law and Organizations

World Politics in Context

Filters