Question 1

After WWI,the United States

Accepted Answer

A)  accepted the responsibilities that hegemonic status carried. 
B)  insisted that European governments repay war loans. 
C)  forgave European governments' war debts. 
D)  lowered tariffs to make it easier to repay war debts. 
E)  forgave France's war loans to hasten Germany's economic recovery. 
A)  accepted the responsibilities that hegemonic status carried. 
B)  insisted that European governments repay war loans. 
C)  forgave European governments' war debts. 
D)  lowered tariffs to make it easier to repay war debts. 
E)  forgave France's war loans to hasten Germany's economic recovery.

Question 2

Industrialization and export promotion strategies in almost all Asian countries like India,Philippines and Indonesia have been very successful.

Accepted Answer

A) True 
 B)False

Question 3

After WWII,the United States

Accepted Answer

A)  returned to its isolationist tradition. 
B)  concluded that its European allies were strong enough to reestablish a stable world economy. 
C)  accepted the responsibilities of hegemonic status that it refused after WW I. 
D)  discouraged the creation of international institutions provide the infrastructure for the postwar global economy. 
E)  rejected macroeconomic policies designed to promote growth and limit unemployment. 
A)  returned to its isolationist tradition. 
B)  concluded that its European allies were strong enough to reestablish a stable world economy. 
C)  accepted the responsibilities of hegemonic status that it refused after WW I. 
D)  discouraged the creation of international institutions provide the infrastructure for the postwar global economy. 
E)  rejected macroeconomic policies designed to promote growth and limit unemployment.

Question 4

The globalization in the 19th century suggests that it is has been inevitable and expanding for more than 150 years.

Accepted Answer

A) True 
 B)False

Question 5

Compare and contrast some of the different interests and groups of society regarding the international political economy in developed versus developing countries?

Accepted Answer

In developed countries, the interests an

Question 6

Distributional consequences about resource allocation decisions

Accepted Answer

A)  are determined by the level of societal well-being in a country. 
B)  determine how prestige is distributed in the international system. 
C)  influence how income is distributed between groups within countries. 
D)  are determined by the distribution of national attitudes toward hard work. 
E)  determine the level of democratic participation in a country. 
A)  are determined by the level of societal well-being in a country. 
B)  determine how prestige is distributed in the international system. 
C)  influence how income is distributed between groups within countries. 
D)  are determined by the distribution of national attitudes toward hard work. 
E)  determine the level of democratic participation in a country.

Question 7

According to Marxists,the systematic exploitation of the poor in host countries by rich,large multinational corporations is detrimental to the national interests of their home countries.

Accepted Answer

A) True 
 B)False

Question 8

Between 1815 and 1914 trade grew more rapidly than in the previous 300 years by increasing by approximately

Accepted Answer

A)  75%. 
B)  150%. 
C)  200%. 
D)  300%. 
E)  350%. 
A)  75%. 
B)  150%. 
C)  200%. 
D)  300%. 
E)  350%.

Question 9

In the international trade system,each WTO country gains access to all other WTO members markets on equal terms.

Accepted Answer

A) True 
 B)False

Question 10

Global economic exchange raises the income of all people at least somewhat.

Accepted Answer

A) True 
 B)False

Question 11

The Marxist school of international political economy primarily does NOT believe that

Accepted Answer

A)  the state operates as an agent of the capitalist class. 
B)  investment decisions are made by the few firms that control the investment capital. 
C)  capitalism is associated with a inevitable growing rate of profit. 
D)  capitalism is plagued by an imbalance between the ability to produce goods and the ability to purchase goods. 
E)  large corporations are the key factor in determining how resources are used. 
A)  the state operates as an agent of the capitalist class. 
B)  investment decisions are made by the few firms that control the investment capital. 
C)  capitalism is associated with a inevitable growing rate of profit. 
D)  capitalism is plagued by an imbalance between the ability to produce goods and the ability to purchase goods. 
E)  large corporations are the key factor in determining how resources are used.

Question 12

How did World Wars I & II change the roles of Britain and the United States as the largest manufacturing and creditor countries?

Accepted Answer

World Wars I and II had a significant im

Question 13

What are the strengths and weaknesses of the Marxist school of thought regarding the roles of governments and capitalists in the international arena?

Accepted Answer

The Marxist school of thought offers a c

Question 14

In the 19th century,cost and time in long distance trade was made dramatically more profitable by the invention of

Accepted Answer

A)  the telegraph. 
B)  the automobile. 
C)  steam engines. 
D)  airplanes. 
E)  ocean going ships. 
A)  the telegraph. 
B)  the automobile. 
C)  steam engines. 
D)  airplanes. 
E)  ocean going ships.

Question 15

How has the global economy played a central role in bringing about changes shaped by the global rather than national economic forces in your state?

Accepted Answer

The global economy has played a central

Question 16

How did national economic policy in most countries change after World War I?

Accepted Answer

A)  They continued to expand their colonial expansion. 
B)  They adopted the gold standard to finance the war. 
C)  They no longer tightly controlled international trade flows. 
D)  They retreated into sheltered national economies. 
E)  They no longer tightly controlled international financial flows. 
A)  They continued to expand their colonial expansion. 
B)  They adopted the gold standard to finance the war. 
C)  They no longer tightly controlled international trade flows. 
D)  They retreated into sheltered national economies. 
E)  They no longer tightly controlled international financial flows.

Question 17

Multinational corporations account for

Accepted Answer

A)  1/4 of the world's economic production & 1/4 of the world's trade. 
B)  1/4 of the world's economic production & 1/3 of the world's trade. 
C)  1/2 of the world's economic production & 1/2 of the world's trade. 
D)  1/2 of the world's economic production & 3/4 of the world's trade. 
E)  3/4 of the world's economic production & 1/2 of the world's trade. 
A)  1/4 of the world's economic production & 1/4 of the world's trade. 
B)  1/4 of the world's economic production & 1/3 of the world's trade. 
C)  1/2 of the world's economic production & 1/2 of the world's trade. 
D)  1/2 of the world's economic production & 3/4 of the world's trade. 
E)  3/4 of the world's economic production & 1/2 of the world's trade.

Question 18

The distributive consequences of global economic exchange

Accepted Answer

A)  raises the incomes of all people in developed countries. 
B)  eliminate political competition in national arenas. 
C)  eliminate political competition in international arenas. 
D)  generate political competition in national and international arenas. 
E)  lowers the income of all people in developing countries. 
A)  raises the incomes of all people in developed countries. 
B)  eliminate political competition in national arenas. 
C)  eliminate political competition in international arenas. 
D)  generate political competition in national and international arenas. 
E)  lowers the income of all people in developing countries.

Question 19

Welfare consequences about resource allocation decisions

Accepted Answer

A)  determine the level of societal well-being in a country. 
B)  influence how income is distributed between nations in the international system. 
C)  influence how income is distributed between groups within countries. 
D)  are determined by the national attitudes toward hard work. 
E)  determine the level of democratic participation in a country. 
A)  determine the level of societal well-being in a country. 
B)  influence how income is distributed between nations in the international system. 
C)  influence how income is distributed between groups within countries. 
D)  are determined by the national attitudes toward hard work. 
E)  determine the level of democratic participation in a country.

Question 20

What are the similarities and differences between the "modern" mercantilist school of thought and the "classical" liberal school of thought regarding the roles of states and markets in the international arena?

Accepted Answer

The "modern" mercantilist school of thou

After WWI,the United States

Industrialization and export promotion strategies in almost all Asian countries like India,Philippines and Indonesia have been very successful.

After WWII,the United States

The globalization in the 19^thcentury suggests that it is has been inevitable and expanding for more than 150 years.

Compare and contrast some of the different interests and groups of society regarding the international political economy in developed versus developing countries?

Distributional consequences about resource allocation decisions

According to Marxists,the systematic exploitation of the poor in host countries by rich,large multinational corporations is detrimental to the national interests of their home countries.

Between 1815 and 1914 trade grew more rapidly than in the previous 300 years by increasing by approximately

In the international trade system,each WTO country gains access to all other WTO members markets on equal terms.

Global economic exchange raises the income of all people at least somewhat.

The Marxist school of international political economy primarily does NOT believe that

How did World Wars I & II change the roles of Britain and the United States as the largest manufacturing and creditor countries?

What are the strengths and weaknesses of the Marxist school of thought regarding the roles of governments and capitalists in the international arena?

In the 19^thcentury,cost and time in long distance trade was made dramatically more profitable by the invention of

How has the global economy played a central role in bringing about changes shaped by the global rather than national economic forces in your state?

How did national economic policy in most countries change after World War I?

Multinational corporations account for

The distributive consequences of global economic exchange

Welfare consequences about resource allocation decisions

What are the similarities and differences between the "modern" mercantilist school of thought and the "classical" liberal school of thought regarding the roles of states and markets in the international arena?

The World Trade Organization and the World Trade System

The Political Economy of International Trade Cooperation

A Society-Centered Approach to Trade Politics

A State-Centered Approach to Trade Politics

Trade and Development I: Import Substitution Industrialization

Trade and Development II: Economic Reform

Multinational Corporations in the Global Economy

The Politics of Multinational Corporations

The International Monetary System

Cooperation, conflict and Crisis in the Contemporary International Monetary System

A Society-Centered Approach to Monetary and Exchange-Rate Policies

A State-Centered Approach to Monetary and Exchange-Rate Policies

Developing Countries and International Finance I: the Latin American Debt Crisis

Developing Countries and International Finance II: a Decade of Crises

Globalization: Consequences and Controversies

Filters

Exam 1: International Political Economy

After WWI,the United States

Industrialization and export promotion strategies in almost all Asian countries like India,Philippines and Indonesia have been very successful.

After WWII,the United States

The globalization in the 19th century suggests that it is has been inevitable and expanding for more than 150 years.

Compare and contrast some of the different interests and groups of society regarding the international political economy in developed versus developing countries?

Distributional consequences about resource allocation decisions

According to Marxists,the systematic exploitation of the poor in host countries by rich,large multinational corporations is detrimental to the national interests of their home countries.

Between 1815 and 1914 trade grew more rapidly than in the previous 300 years by increasing by approximately

In the international trade system,each WTO country gains access to all other WTO members markets on equal terms.

Global economic exchange raises the income of all people at least somewhat.

The Marxist school of international political economy primarily does NOT believe that

How did World Wars I & II change the roles of Britain and the United States as the largest manufacturing and creditor countries?

What are the strengths and weaknesses of the Marxist school of thought regarding the roles of governments and capitalists in the international arena?

In the 19th century,cost and time in long distance trade was made dramatically more profitable by the invention of

How has the global economy played a central role in bringing about changes shaped by the global rather than national economic forces in your state?

How did national economic policy in most countries change after World War I?

Multinational corporations account for

The distributive consequences of global economic exchange

Welfare consequences about resource allocation decisions

What are the similarities and differences between the "modern" mercantilist school of thought and the "classical" liberal school of thought regarding the roles of states and markets in the international arena?

The World Trade Organization and the World Trade System

The Political Economy of International Trade Cooperation

A Society-Centered Approach to Trade Politics

A State-Centered Approach to Trade Politics

Trade and Development I: Import Substitution Industrialization

Trade and Development II: Economic Reform

Multinational Corporations in the Global Economy

The Politics of Multinational Corporations

The International Monetary System

Cooperation, conflict and Crisis in the Contemporary International Monetary System

A Society-Centered Approach to Monetary and Exchange-Rate Policies

A State-Centered Approach to Monetary and Exchange-Rate Policies

Developing Countries and International Finance I: the Latin American Debt Crisis

Developing Countries and International Finance II: a Decade of Crises

Globalization: Consequences and Controversies

Filters

The globalization in the 19^thcentury suggests that it is has been inevitable and expanding for more than 150 years.

In the 19^thcentury,cost and time in long distance trade was made dramatically more profitable by the invention of