Question 1

The WTO has

Accepted Answer

A)  heard only a few cases because countries fear that decisions might violate their sovereignty. 
B)  had 30 cased filed annually in recent years. 
C)  not handled any cases involving the United States. 
D)  imposed sanctions on several countries as a result of trade disputes. 
A)  heard only a few cases because countries fear that decisions might violate their sovereignty. 
B)  had 30 cased filed annually in recent years. 
C)  not handled any cases involving the United States. 
D)  imposed sanctions on several countries as a result of trade disputes.

Question 2

Membership of the IMF is restricted to EDCs.

Accepted Answer

A) True 
 B)False

Question 3

In order for an LDC to expand and diversify their economies,these states require

Accepted Answer

A)  development capital. 
B)  endorsements. 
C)  domestic aid. 
D)  transnational loans. 
A)  development capital. 
B)  endorsements. 
C)  domestic aid. 
D)  transnational loans.

Question 4

Which of the following do economic nationalists not argue?

Accepted Answer

A)  Countries should put domestic needs first 
B)  Economic diversification, not specialization is central to growth 
C)  Barriers should be used to protect the domestic economy 
D)  Trade liberalization is best for growth. 
A)  Countries should put domestic needs first 
B)  Economic diversification, not specialization is central to growth 
C)  Barriers should be used to protect the domestic economy 
D)  Trade liberalization is best for growth.

Question 5

Which country was excluded from the 1994 Summit of the Americas meeting?

Accepted Answer

A)  Cuba 
B)  Uruguay 
C)  the United States 
D)  Brazil 
A)  Cuba 
B)  Uruguay 
C)  the United States 
D)  Brazil

Question 6

Which of the following was not a reason for the failure of FTAA to materialize by the proposed 2005 deadline?

Accepted Answer

A)  Interest groups in the United States feared the loss of subsidies. 
B)  LDCs feared being flooded with U.S. goods and services. 
C)  LDC's feared flood of American investors buying up local businesses and property. 
D)  Several countries insisted that Cuba be allowed to participate. 
A)  Interest groups in the United States feared the loss of subsidies. 
B)  LDCs feared being flooded with U.S. goods and services. 
C)  LDC's feared flood of American investors buying up local businesses and property. 
D)  Several countries insisted that Cuba be allowed to participate.

Question 7

Which one of the following countries is not a member of Mercosur?

Accepted Answer

A)  Argentina 
B)  Brazil 
C)  Panama 
D)  Uruguay 
A)  Argentina 
B)  Brazil 
C)  Panama 
D)  Uruguay

Question 8

Defenders of the IMF argue that conditionality requirements,even those that are unpopular,are necessary to correct problems that have led to financial difficulty,thus arguing that the hardships the IMF creates are a means to an end.

Accepted Answer

A) True 
 B)False

Question 9

One role that the UN plays is to regulate transnational corporations.

Accepted Answer

A) True 
 B)False

Question 10

Which international organization promotes global free trade?

Accepted Answer

A)  International Monetary Fund 
B)  International Trade Organization 
C)  UN Conference on Trade and Development 
D)  World Trade Organization 
A)  International Monetary Fund 
B)  International Trade Organization 
C)  UN Conference on Trade and Development 
D)  World Trade Organization

Question 11

According to advocates of free trade,economic liber­alization promotes cooperation and inhibits conflict.What is the essence of this argument? Is there any evidence to support these claims?

Accepted Answer

It is argued that greater economic inter

Question 12

Which of the following is not an LDC criticism of the World Bank?

Accepted Answer

A)  The Bank provides too little funding overall. 
B)  The Bank dictates conditions of loans and hence, LDCs argue, violates economic sovereignty. 
C)  The Bank uses its financial power to impose capitalism. 
D)  Bank loans have too often been directed to countries in Africa. 
A)  The Bank provides too little funding overall. 
B)  The Bank dictates conditions of loans and hence, LDCs argue, violates economic sovereignty. 
C)  The Bank uses its financial power to impose capitalism. 
D)  Bank loans have too often been directed to countries in Africa.

Question 13

Which country is most dependent on intra-NAFTA trade?

Accepted Answer

A)  Iceland 
B)  Canada 
C)  Mexico 
D)  Chile 
A)  Iceland 
B)  Canada 
C)  Mexico 
D)  Chile

Question 14

What is the name of the underlying treaty of the WTO?

Accepted Answer

General Ag

Question 15

The UN Center for Transnational Corporations was created for what purpose?

Accepted Answer

A)  to facilitate the international deregulation of com­merce 
B)  to help support international currency stability 
C)  to establish global standards and regulations for multinational corporations 
D)  to improve labor standards worldwide 
A)  to facilitate the international deregulation of com­merce 
B)  to help support international currency stability 
C)  to establish global standards and regulations for multinational corporations 
D)  to improve labor standards worldwide

Question 16

For economic internationalists,which of the following is not a noneconomic advantage to free trade?

Accepted Answer

A)  World cooperation 
B)  Decreased international violence 
C)  The ability to further exploit LDCs 
D)  Democracy promotion 
A)  World cooperation 
B)  Decreased international violence 
C)  The ability to further exploit LDCs 
D)  Democracy promotion

Question 17

What is the major criticism of conditionality in IMF lending?

Accepted Answer

A)  It gives too much power over decisions to too few countries. 
B)  It restricts the amount of IMF funds available. 
C)  It leads to the imposition of unfair and unwise standards on borrowers. 
D)  It provides loans with an interest rate that is unfairly low. 
A)  It gives too much power over decisions to too few countries. 
B)  It restricts the amount of IMF funds available. 
C)  It leads to the imposition of unfair and unwise standards on borrowers. 
D)  It provides loans with an interest rate that is unfairly low.

Question 18

Which IPE theory contends that specialization gives a country a competitive advantage?

Accepted Answer

A)  economic internationalism 
B)  economic nationalism 
C)  economic structuralism 
D)  economic functionalism 
A)  economic internationalism 
B)  economic nationalism 
C)  economic structuralism 
D)  economic functionalism

Question 19

Which of the following is not a World Bank Group agency?

Accepted Answer

A)  International Development Association 
B)  International Monetary Fund 
C)  International Bank for Reconstruction and Development 
D)  Multilateral Investment Guarantee Agency 
A)  International Development Association 
B)  International Monetary Fund 
C)  International Bank for Reconstruction and Development 
D)  Multilateral Investment Guarantee Agency

Question 20

What are three criticisms made against the IMF by LDCs?

Accepted Answer

The voting formula of the board of direc

The WTO has

Membership of the IMF is restricted to EDCs.

In order for an LDC to expand and diversify their economies,these states require

Which of the following do economic nationalists not argue?

Which country was excluded from the 1994 Summit of the Americas meeting?

Which of the following was not a reason for the failure of FTAA to materialize by the proposed 2005 deadline?

Which one of the following countries is not a member of Mercosur?

Defenders of the IMF argue that conditionality requirements,even those that are unpopular,are necessary to correct problems that have led to financial difficulty,thus arguing that the hardships the IMF creates are a means to an end.

One role that the UN plays is to regulate transnational corporations.

Which international organization promotes global free trade?

According to advocates of free trade,economic liberalization promotes cooperation and inhibits conflict.What is the essence of this argument? Is there any evidence to support these claims?

Which of the following is not an LDC criticism of the World Bank?

Which country is most dependent on intra-NAFTA trade?

What is the name of the underlying treaty of the WTO?

The UN Center for Transnational Corporations was created for what purpose?

For economic internationalists,which of the following is not a noneconomic advantage to free trade?

What is the major criticism of conditionality in IMF lending?

Which IPE theory contends that specialization gives a country a competitive advantage?

Which of the following is not a World Bank Group agency?

What are three criticisms made against the IMF by LDCs?

Thinking and Caring About World Politics

The Evolution of World Politics

Levels of Analysis and Foreign Policy

Nationalism: the Traditional Orientation

Globalization: the Alternative Orientation

Power, statecraft, and the National State: The Traditional Structure

Intergovernmental Organizations: Alternative Governance

International Law and Human Rights

Pursuing Security

National Economic Competition: The Traditional Road

Preserving and Enhancing the Biosphere

Filters

Exam 11: International Economics: The Alternative Road

The WTO has

Membership of the IMF is restricted to EDCs.

In order for an LDC to expand and diversify their economies,these states require

Which of the following do economic nationalists not argue?

Which country was excluded from the 1994 Summit of the Americas meeting?

Which of the following was not a reason for the failure of FTAA to materialize by the proposed 2005 deadline?

Which one of the following countries is not a member of Mercosur?

Defenders of the IMF argue that conditionality requirements,even those that are unpopular,are necessary to correct problems that have led to financial difficulty,thus arguing that the hardships the IMF creates are a means to an end.

One role that the UN plays is to regulate transnational corporations.

Which international organization promotes global free trade?

According to advocates of free trade,economic liber­alization promotes cooperation and inhibits conflict.What is the essence of this argument? Is there any evidence to support these claims?

Which of the following is not an LDC criticism of the World Bank?

Which country is most dependent on intra-NAFTA trade?

What is the name of the underlying treaty of the WTO?

The UN Center for Transnational Corporations was created for what purpose?

For economic internationalists,which of the following is not a noneconomic advantage to free trade?

What is the major criticism of conditionality in IMF lending?

Which IPE theory contends that specialization gives a country a competitive advantage?

Which of the following is not a World Bank Group agency?

What are three criticisms made against the IMF by LDCs?

Thinking and Caring About World Politics

The Evolution of World Politics

Levels of Analysis and Foreign Policy

Nationalism: the Traditional Orientation

Globalization: the Alternative Orientation

Power, statecraft, and the National State: The Traditional Structure

Intergovernmental Organizations: Alternative Governance

International Law and Human Rights

Pursuing Security

National Economic Competition: The Traditional Road

Preserving and Enhancing the Biosphere

Filters

According to advocates of free trade,economic liberalization promotes cooperation and inhibits conflict.What is the essence of this argument? Is there any evidence to support these claims?