Exam 8: International Political Economy

State-owned investment funds composed of a range of financial assets including stocks and bonds,precious metals,and properties formed in capital-surplus countries are known as ________.

Since the 1990s,economic regionalism

Two key factors that contributed to the 2009 Eurozone crisis are

Which of the following is true of the 2009 Eurozone crisis?

Do you think regional trade organizations have actually benefited the states that formed them? Why or why not? In addressing this question,be sure to discuss the criticisms of regional trade organizations that have been raised and give your perspective on whether those criticisms are warranted or not.

The New Development Bank is

The liberal approach to economic development that prioritizes privatization,liberalization of trade and foreign direct investment,government deregulation in favor of open competition,and broad tax reform is known as ________.

Radicals argue that the state tends to support

Lowering taxes and government spending is a type of

European integration has led to the creation of the euro,which is

The Beijing Consensus approach to economic development,a model based on China's rapid economic growth,implies

Within the last decade we have had two major financial crises: the 2008-2009 global financial crisis and the 2009 Eurozone crisis.Describe how you think these crises illustrate how international finance and international trade can impact states today.Given these effects,which economic theory-liberalism,mercantilism/statism,and radicalism-do you think best describes the international political economy today? And why?

The WTO permits developing countries to impose higher tariffs than industrialized countries.

The main sticking point in the failure of the Doha Round,the most recent round of trade negotiations under the purview of the WTO,was

Which of the following is true of the Trans-Pacific Partnership (TPP),an agreement that was negotiated in late 2015 between the United States and Japan and ten other Pacific Rim countries?

China is now a member of the World Trade Organization.

Which theorists focus on the struggle for power between states in the areas of finance and trade?

The Washington Consensus and Beijing Consensus are products of economic liberal thinking.

How do economic liberals view human nature?

The Bretton Woods institutions,including the World Bank,IMF,and GATT/WTO,represent radicals' goals of free trade and unobstructed financial markets.