Question 1

India's economic reforms began in

Accepted Answer

A) 1960. 
B) 1978. 
C) 1991. 
D) 1998. 
A) 1960. 
B) 1978. 
C) 1991. 
D) 1998.

Question 2

Who was the leader of Chinese economic reforms?

Accepted Answer

The answer of Who was the leader of Chinese economic...

Question 3

Which of the following is FALSE about services trade for India and China?

Accepted Answer

A) China exports more services than India does. 
B) India has a trade surplus in services. 
C) China has a trade surplus in services. 
D) India trades primarily information services and other business services. 
A) China exports more services than India does. 
B) India has a trade surplus in services. 
C) China has a trade surplus in services. 
D) India trades primarily information services and other business services.

Question 4

Special economic zones in China have been

Accepted Answer

A) the same as export processing zones. 
B) centers of economic reform. 
C) controlled by state run enterprises. 
D) poor regions that are targeted for industrial development. 
A) the same as export processing zones. 
B) centers of economic reform. 
C) controlled by state run enterprises. 
D) poor regions that are targeted for industrial development.

Question 5

China's initial economic reforms were in which sector?

Accepted Answer

A) Manufacturing 
B) Infrastructure 
C) Agriculture 
D) Mining 
A) Manufacturing 
B) Infrastructure 
C) Agriculture 
D) Mining

Question 6

Why does India argue that the demand for reduction of greenhouse gasses by developed countries is hypocritical?

Accepted Answer

India points out that the world's rich e

Question 7

China's economy did not decline at all during its transition from communism to capitalism.

Accepted Answer

A) True 
 B)False

Question 8

Tariffs on non-agricultural goods are much higher in India than in China.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following countries has the highest population in the world?

Accepted Answer

A) Indonesia 
B) Russia 
C) India 
D) China 
A) Indonesia 
B) Russia 
C) India 
D) China

Question 10

China's economic reforms began in

Accepted Answer

A) 1960. 
B) 1978. 
C) 1991. 
D) 1998. 
A) 1960. 
B) 1978. 
C) 1991. 
D) 1998.

Question 11

Which of the following is not a potential source of comparative advantage for China in the manufacturing sector?

Accepted Answer

A) Abundant low wage, low skill workers 
B) A large domestic market that can lead to scale economies 
C) Coastal areas with good logistics for international trade 
D) Abundant credit from China's government sector to set up manufacturing operations 
A) Abundant low wage, low skill workers 
B) A large domestic market that can lead to scale economies 
C) Coastal areas with good logistics for international trade 
D) Abundant credit from China's government sector to set up manufacturing operations

Question 12

Why did the USSR collapse and China succeed? Explain.

Accepted Answer

In contrast to the Russian experience,th

Question 13

The largest migration pattern in China at present is from urban centers to more rural areas to escape traffic and pollution.

Accepted Answer

A) True 
 B)False

Question 14

When explaining China and India's trade patterns,

Accepted Answer

A) proximity and GDP explain a significant portion. 
B) many complex factors determine trading partners. 
C) patterns are very different for each country. 
D) exchange rates determine most of the pattern of trade. 
A) proximity and GDP explain a significant portion. 
B) many complex factors determine trading partners. 
C) patterns are very different for each country. 
D) exchange rates determine most of the pattern of trade.

Question 15

Explain why China and India are considered disruptive to the world's status quo.

Accepted Answer

History tells us that when world powers

Question 16

Which of the following would NOT be a sign that China wants to become a high technology producer?

Accepted Answer

A) More patents are being sought and granted in China. 
B) Large spending on infrastructure 
C) Rapid expansion of science, engineering and research 
D) Less emphasis on education spending 
A) More patents are being sought and granted in China. 
B) Large spending on infrastructure 
C) Rapid expansion of science, engineering and research 
D) Less emphasis on education spending

Question 17

The percentage of world GDP represented by the G7 is ________ and the percentage of world GDP represented by China and India is ________.

Accepted Answer

A) falling; rising 
B) falling; falling 
C) rising; falling 
D) rising; rising 
A) falling; rising 
B) falling; falling 
C) rising; falling 
D) rising; rising

Question 18

India lags China in the development of a large manufacturing sector.

Accepted Answer

A) True 
 B)False

Question 19

What did China create to allow more international trade?

Accepted Answer

A) Special economic zones 
B) Foreign exchange centers 
C) More open and transparent government meetings 
D) New educational efforts 
A) Special economic zones 
B) Foreign exchange centers 
C) More open and transparent government meetings 
D) New educational efforts

Question 20

Can U.S.manufacturing job losses be attributed to the growth of manufacturing in China?

Accepted Answer

The rise of Chinese manufacturing is cor

India's economic reforms began in

Who was the leader of Chinese economic reforms?

Which of the following is FALSE about services trade for India and China?

Special economic zones in China have been

China's initial economic reforms were in which sector?

Why does India argue that the demand for reduction of greenhouse gasses by developed countries is hypocritical?

China's economy did not decline at all during its transition from communism to capitalism.

Tariffs on non-agricultural goods are much higher in India than in China.

Which of the following countries has the highest population in the world?

China's economic reforms began in

Which of the following is not a potential source of comparative advantage for China in the manufacturing sector?

Why did the USSR collapse and China succeed? Explain.

The largest migration pattern in China at present is from urban centers to more rural areas to escape traffic and pollution.

When explaining China and India's trade patterns,

Explain why China and India are considered disruptive to the world's status quo.

Which of the following would NOT be a sign that China wants to become a high technology producer?

The percentage of world GDP represented by the G7 is and the percentage of world GDP represented by China and India is .

India lags China in the development of a large manufacturing sector.

What did China create to allow more international trade?

Can U.S.manufacturing job losses be attributed to the growth of manufacturing in China?

The United States in a Global Economy

International Economic Institutions Since World War II

Comparative Advantage and the Gains From Trade

Comparative Advantage and Factor Endowments

Beyond Comparative Advantage

The Theory of Tariffs and Quotas

Commercial Policy

International Trade and Labor and Environmental Standards

Trade and the Balance of Payments

Exchange Rates and Exchange Rate Systems

An Introduction to Open Economy Macroeconomics

International Financial Crises

The United States in the World Economy

The European Union: Many Markets Into One

Trade and Policy Reform in Latin America

Export-Oriented Growth in East Asia

Filters

Exam 17: China and India in the World Economy

India's economic reforms began in

Who was the leader of Chinese economic reforms?

Which of the following is FALSE about services trade for India and China?

Special economic zones in China have been

China's initial economic reforms were in which sector?

Why does India argue that the demand for reduction of greenhouse gasses by developed countries is hypocritical?

China's economy did not decline at all during its transition from communism to capitalism.

Tariffs on non-agricultural goods are much higher in India than in China.

Which of the following countries has the highest population in the world?

China's economic reforms began in

Which of the following is not a potential source of comparative advantage for China in the manufacturing sector?

Why did the USSR collapse and China succeed? Explain.

The largest migration pattern in China at present is from urban centers to more rural areas to escape traffic and pollution.

When explaining China and India's trade patterns,

Explain why China and India are considered disruptive to the world's status quo.

Which of the following would NOT be a sign that China wants to become a high technology producer?

The percentage of world GDP represented by the G7 is ________ and the percentage of world GDP represented by China and India is ________.

India lags China in the development of a large manufacturing sector.

What did China create to allow more international trade?

Can U.S.manufacturing job losses be attributed to the growth of manufacturing in China?

The United States in a Global Economy

International Economic Institutions Since World War II

Comparative Advantage and the Gains From Trade

Comparative Advantage and Factor Endowments

Beyond Comparative Advantage

The Theory of Tariffs and Quotas

Commercial Policy

International Trade and Labor and Environmental Standards

Trade and the Balance of Payments

Exchange Rates and Exchange Rate Systems

An Introduction to Open Economy Macroeconomics

International Financial Crises

The United States in the World Economy

The European Union: Many Markets Into One

Trade and Policy Reform in Latin America

Export-Oriented Growth in East Asia

Filters

The percentage of world GDP represented by the G7 is and the percentage of world GDP represented by China and India is .