Question 1

What is the development gap?

Accepted Answer

A)  the difference between highly developed international organizations in the North and weakly developed international organizations in the South 
B)  the difference between highly developed international organizations in the South and weakly developed international organizations in the North 
C)  the difference between economically well-off states of the North and the poorer South 
D)  the difference between economically well-off states of the South and the poorer North 
A)  the difference between highly developed international organizations in the North and weakly developed international organizations in the South 
B)  the difference between highly developed international organizations in the South and weakly developed international organizations in the North 
C)  the difference between economically well-off states of the North and the poorer South 
D)  the difference between economically well-off states of the South and the poorer North

Question 2

The profound economic controversies generated by NAFTA illustrate that

Accepted Answer

A)  states can expand their borders without consequence. 
B)  regionalism produces both winners and losers. 
C)  the EU has much to learn from NAFTA. 
D)  only European citizens support regionalism. 
A)  states can expand their borders without consequence. 
B)  regionalism produces both winners and losers. 
C)  the EU has much to learn from NAFTA. 
D)  only European citizens support regionalism.

Question 3

China's One Belt,One Road initiative is designed to

Accepted Answer

A)  create an alternative to the World Bank. 
B)  create an alternative to the IMF. 
C)  provide a conduit for Chinese imports and exports throughout Central and South Asia. 
D)  decrease the likelihood China will experience an economic financial crisis. 
A)  create an alternative to the World Bank. 
B)  create an alternative to the IMF. 
C)  provide a conduit for Chinese imports and exports throughout Central and South Asia. 
D)  decrease the likelihood China will experience an economic financial crisis.

Question 4

What was one of the problems regarding the renegotiation of NAFTA in 2017?

Accepted Answer

A)  The interests of different sectors within each state were divergent. 
B)  NAFTA did not deal with agriculture. 
C)  No country was pushing for greater environmental and labor protections,and NGOs were therefore causing problems in the negotiations. 
D)  Mexico wanted the renegotiations to take a long time so that they would play an important role in its 2018 presidential election. 
A)  The interests of different sectors within each state were divergent. 
B)  NAFTA did not deal with agriculture. 
C)  No country was pushing for greater environmental and labor protections,and NGOs were therefore causing problems in the negotiations. 
D)  Mexico wanted the renegotiations to take a long time so that they would play an important role in its 2018 presidential election.

Question 5

The overall effect of the European Union has been

Accepted Answer

A)  positive,increasing trade and improving welfare. 
B)  positive for MNCs but negative for European workers. 
C)  positive for European workers but negative for MNCs. 
D)  negative,causing declining trade and increased poverty. 
A)  positive,increasing trade and improving welfare. 
B)  positive for MNCs but negative for European workers. 
C)  positive for European workers but negative for MNCs. 
D)  negative,causing declining trade and increased poverty.

Question 6

Which of the following is true of the beliefs of economic liberalism,as exemplified by the writings of Adam Smith?

Accepted Answer

A)  Governments should encourage exports over imports. 
B)  Markets should be kept free from government interference. 
C)  Markets are not efficient. 
D)  High prices will result from market competition. 
A)  Governments should encourage exports over imports. 
B)  Markets should be kept free from government interference. 
C)  Markets are not efficient. 
D)  High prices will result from market competition.

Question 7

Liberals argue that free trade and open markets are always in a state's best interest,but mercantilists/statists and radicals disagree with this contention.What alternatives to unfettered trade and markets do statists and radicals propose,and why? If you were the leader of a developing country,which of the three perspectives-liberal,statist,or radical-would you find most appealing,and why?

Accepted Answer

Liberals argue that free trade and open

Question 8

The IMF lent money to a Western country during the 2008-2009 financial crisis.

Accepted Answer

A) True 
 B)False

Question 9

What does sustainable development mean? Compare and contrast the different approaches that theories have put forth to prescribe what states need to do to develop in a sustainable way.Which approach do you think is most likely to be successful and why?

Accepted Answer

Sustainable development refers to the co

Question 10

How have developed countries and international financial institutions responded to the escalating debt of many developing countries during the 1990s and even through today?

Accepted Answer

A)  They have charged higher interest rates. 
B)  They have urged those governments to cut spending on development projects. 
C)  They have canceled large amounts of debt. 
D)  They have urged those governments to form regional trade agreements. 
A)  They have charged higher interest rates. 
B)  They have urged those governments to cut spending on development projects. 
C)  They have canceled large amounts of debt. 
D)  They have urged those governments to form regional trade agreements.

Question 11

The three Bretton Woods Institutions are

Accepted Answer

A)  the United Nations,the General Agreement on Tariffs and Trade,and the World Bank. 
B)  the United Nations,the General Agreement on Tariffs and Trade,and the World Trade Organization. 
C)  the General Agreement on Tariffs and Trade,the World Bank,and the International Monetary Fund. 
D)  the World Trade Organization,the United Nations,and the World Bank. 
A)  the United Nations,the General Agreement on Tariffs and Trade,and the World Bank. 
B)  the United Nations,the General Agreement on Tariffs and Trade,and the World Trade Organization. 
C)  the General Agreement on Tariffs and Trade,the World Bank,and the International Monetary Fund. 
D)  the World Trade Organization,the United Nations,and the World Bank.

Question 12

Although originally designed to facilitate reconstruction in post-World War II Europe,much of the World Bank's funding actually has been used to

Accepted Answer

A)  promote economic development. 
B)  lower trade barriers. 
C)  implement structural adjustment programs. 
D)  loan money to the UN. 
A)  promote economic development. 
B)  lower trade barriers. 
C)  implement structural adjustment programs. 
D)  loan money to the UN.

Question 13

A country that adopted the euro can use monetary policy as an instrument of economic policy.

Accepted Answer

A) True 
 B)False

Question 14

Which economic policy would a mercantilist favor?

Accepted Answer

A)  promoting exports over imports 
B)  free trade 
C)  promoting equitable distribution of resources in the international system 
D)  promoting an increase in imports 
A)  promoting exports over imports 
B)  free trade 
C)  promoting equitable distribution of resources in the international system 
D)  promoting an increase in imports

Question 15

For dependency theorists,MNCs are seen as

Accepted Answer

A)  institutions that should replace the World Bank and IMF. 
B)  entities that should not be highly regulated. 
C)  the key to creating an equal and fair international economic system. 
D)  facilitators that perpetuate the dominance of the North. 
A)  institutions that should replace the World Bank and IMF. 
B)  entities that should not be highly regulated. 
C)  the key to creating an equal and fair international economic system. 
D)  facilitators that perpetuate the dominance of the North.

Question 16

Monetary payments sent by foreign workers to individuals in a home country are known as

Accepted Answer

A)  sovereign wealth funds. 
B)  foreign direct investments. 
C)  portfolio investments. 
D)  remittances. 
A)  sovereign wealth funds. 
B)  foreign direct investments. 
C)  portfolio investments. 
D)  remittances.

Question 17

To supporters of economic liberalism,MNCs are a positive development.

Accepted Answer

A) True 
 B)False

Question 18

The UN's 2001 Millennium Development Goals set forth eight goals designed to

Accepted Answer

A)  abolish the capitalist system. 
B)  reduce poverty and increase sustainable human development. 
C)  reform international lending agencies such as the IMF and World Bank. 
D)  cut the role of the state in the international economy. 
A)  abolish the capitalist system. 
B)  reduce poverty and increase sustainable human development. 
C)  reform international lending agencies such as the IMF and World Bank. 
D)  cut the role of the state in the international economy.

Question 19

If the value of a state's imports of goods and services exceeds the value of its exports of goods and services,this is referred to as that state having

Accepted Answer

A)  a current account deficit. 
B)  a balance of payments surplus. 
C)  microeconomic policies in place. 
D)  nontariff barriers. 
A)  a current account deficit. 
B)  a balance of payments surplus. 
C)  microeconomic policies in place. 
D)  nontariff barriers.

Question 20

Which of the following is true of economic trade agreements?

Accepted Answer

A)  The EU has worked hard to prevent the creation of additional trade agreements. 
B)  They have never been successful in increasing trade among their members. 
C)  They are formed only by states in similar regions. 
D)  They can be regional or transregional. 
A)  The EU has worked hard to prevent the creation of additional trade agreements. 
B)  They have never been successful in increasing trade among their members. 
C)  They are formed only by states in similar regions. 
D)  They can be regional or transregional.

What is the development gap?

The profound economic controversies generated by NAFTA illustrate that

China's One Belt,One Road initiative is designed to

What was one of the problems regarding the renegotiation of NAFTA in 2017?

The overall effect of the European Union has been

Which of the following is true of the beliefs of economic liberalism,as exemplified by the writings of Adam Smith?

The IMF lent money to a Western country during the 2008-2009 financial crisis.

What does sustainable development mean? Compare and contrast the different approaches that theories have put forth to prescribe what states need to do to develop in a sustainable way.Which approach do you think is most likely to be successful and why?

How have developed countries and international financial institutions responded to the escalating debt of many developing countries during the 1990s and even through today?

The three Bretton Woods Institutions are

Although originally designed to facilitate reconstruction in post-World War II Europe,much of the World Bank's funding actually has been used to

A country that adopted the euro can use monetary policy as an instrument of economic policy.

Which economic policy would a mercantilist favor?

For dependency theorists,MNCs are seen as

Monetary payments sent by foreign workers to individuals in a home country are known as

To supporters of economic liberalism,MNCs are a positive development.

The UN's 2001 Millennium Development Goals set forth eight goals designed to

If the value of a state's imports of goods and services exceeds the value of its exports of goods and services,this is referred to as that state having

Which of the following is true of economic trade agreements?

Approaches to International Relations

The Historical Context of Contemporary International Relations

International Relations Theories

Levels of Analysis

The State

War and Security

International Cooperation and International Law

Intergovernmental Organizations and Nongovernmental Organizations

Human Rights

Human Security: Migration, Global Health, and the Environment

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Exam 8: International Political Economy

What is the development gap?

The profound economic controversies generated by NAFTA illustrate that

China's One Belt,One Road initiative is designed to

What was one of the problems regarding the renegotiation of NAFTA in 2017?

The overall effect of the European Union has been

Which of the following is true of the beliefs of economic liberalism,as exemplified by the writings of Adam Smith?

The IMF lent money to a Western country during the 2008-2009 financial crisis.

What does sustainable development mean? Compare and contrast the different approaches that theories have put forth to prescribe what states need to do to develop in a sustainable way.Which approach do you think is most likely to be successful and why?

How have developed countries and international financial institutions responded to the escalating debt of many developing countries during the 1990s and even through today?

The three Bretton Woods Institutions are

Although originally designed to facilitate reconstruction in post-World War II Europe,much of the World Bank's funding actually has been used to

A country that adopted the euro can use monetary policy as an instrument of economic policy.

Which economic policy would a mercantilist favor?

For dependency theorists,MNCs are seen as

Monetary payments sent by foreign workers to individuals in a home country are known as

To supporters of economic liberalism,MNCs are a positive development.

The UN's 2001 Millennium Development Goals set forth eight goals designed to

If the value of a state's imports of goods and services exceeds the value of its exports of goods and services,this is referred to as that state having

Which of the following is true of economic trade agreements?

Approaches to International Relations

The Historical Context of Contemporary International Relations

International Relations Theories

Levels of Analysis

The State

War and Security

International Cooperation and International Law

Intergovernmental Organizations and Nongovernmental Organizations

Human Rights

Human Security: Migration, Global Health, and the Environment

Filters