Question 1

In their attempt to stop Iran from developing plutonium and weapons-grade uranium,the EU and UN Security Council tried a mix of

Accepted Answer

A)  subsidies and dumping. 
B)  economic incentives and economic sanctions. 
C)  economic sanctions and dumping. 
D)  economic incentives and subsidies. 
A)  subsidies and dumping. 
B)  economic incentives and economic sanctions. 
C)  economic sanctions and dumping. 
D)  economic incentives and subsidies. B

Question 2

Which approach to international political economy argues that global prosperity is best achieved by freeing economic interchange from political restrictions?

Accepted Answer

A)  Dependency theory 
B)  Economic nationalism 
C)  Economic structuralism 
D)  Economic internationalism 
A)  Dependency theory 
B)  Economic nationalism 
C)  Economic structuralism 
D)  Economic internationalism D

Question 3

Economic internationalists support the use of IGOs and national government interference in the economy for what two reasons?

Accepted Answer

To ensure the spread of capitalism and free trade; to ease the worst inequities in the system in order to have fair competition

Question 4

List three of the political-economic strategies used by economic nationalists.

Accepted Answer

Imperialism,neoimperialism,eco

Question 5

FDI and FPI are forms of

Accepted Answer

A)  bilateral subsidies. 
B)  private investment. 
C)  IMF lending. 
D)  NGO development aid. 
A)  bilateral subsidies. 
B)  private investment. 
C)  IMF lending. 
D)  NGO development aid.

Question 6

A country's sale of its exports in foreign markets at below-cost prices is known as

Accepted Answer

A)  capitalism. 
B)  mercantilism. 
C)  dumping. 
D)  comparative advantage. 
A)  capitalism. 
B)  mercantilism. 
C)  dumping. 
D)  comparative advantage.

Question 7

The dependency school argues that EDCs exploit the LDCs' supply of

Accepted Answer

A)  primary products. 
B)  manufactured goods. 
C)  high technology. 
D)  skilled labor. 
A)  primary products. 
B)  manufactured goods. 
C)  high technology. 
D)  skilled labor.

Question 8

What should be the proper relationship between politics and economics in the modern international system? Ex­amine this question from each of the main perspectives in IPE.Which do you think is the best perspective,and why?

Accepted Answer

The answer should summarize the main ele

Question 9

Domestic subsidies are used by governments to

Accepted Answer

A)  give an unfair competitive advantage to a domestic company or industry. 
B)  promote trade liberalization. 
C)  curb corporate corruption. 
D)  encourage companies to adopt better labor and environmental standards. 
A)  give an unfair competitive advantage to a domestic company or industry. 
B)  promote trade liberalization. 
C)  curb corporate corruption. 
D)  encourage companies to adopt better labor and environmental standards.

Question 10

When Adam Smith argued in The Wealth of Nations that politics should not interfere with trade,he was advocating economic

Accepted Answer

A)  nationalism. 
B)  structuralism. 
C)  internationalism. 
D)  mercantilism. 
A)  nationalism. 
B)  structuralism. 
C)  internationalism. 
D)  mercantilism.

Question 11

Economic sanctions and economic incentives can be used simultaneously.

Accepted Answer

A) True 
 B)False

Question 12

Since the turn of this century,international economic activity has dramatically increased in volume.Why? What has been the effect of this increase on international relations?

Accepted Answer

The student can discuss factors such as

Question 13

Which of the following statements best characterizes the South?

Accepted Answer

A)  The South has a diverse economy based primarily on services, trade, and industry. 
B)  The South has a limited economy based primarily on agriculture and the production of raw materials. 
C)  The South has transitioned in the last decade from an industry-based economy to a service-based economy. 
D)  The South has a singular economy based on the production of manufactured goods. 
A)  The South has a diverse economy based primarily on services, trade, and industry. 
B)  The South has a limited economy based primarily on agriculture and the production of raw materials. 
C)  The South has transitioned in the last decade from an industry-based economy to a service-based economy. 
D)  The South has a singular economy based on the production of manufactured goods.

Question 14

Foreign investment in the United States

Accepted Answer

A)  is a threat to the American economy. 
B)  decreases the country's trade deficit. 
C)  helps to finance American businesses. 
D)  primarily results in the loss of American jobs. 
A)  is a threat to the American economy. 
B)  decreases the country's trade deficit. 
C)  helps to finance American businesses. 
D)  primarily results in the loss of American jobs.

Question 15

Why have some institutions such as the World Bank moved away from using GNP as a measure of a country's financial status and toward an adjusted GNP based on purchasing power parity (PPP)?

Accepted Answer

A)  They believe that PPP is a more accurate measure because it takes into account the cost of locally produced and consumed goods. 
B)  They believe that PPP is a more accurate measure because it takes into account the social costs of neoimperialism. 
C)  They believe that PPP is a more accurate measure because it separates the North and South before making comparisons. 
D)  They believe that PPP is a more accurate measure because it places newly industrializing countries into its own category. 
A)  They believe that PPP is a more accurate measure because it takes into account the cost of locally produced and consumed goods. 
B)  They believe that PPP is a more accurate measure because it takes into account the social costs of neoimperialism. 
C)  They believe that PPP is a more accurate measure because it separates the North and South before making comparisons. 
D)  They believe that PPP is a more accurate measure because it places newly industrializing countries into its own category.

Question 16

Name five demands for economic reform voiced by LDCs in the "Doha Program of Action."

Accepted Answer

Any of the following: trade re

Question 17

Trade involving tangible items such as food and clothing is known as

Accepted Answer

A)  export trade. 
B)  services trade. 
C)  merchandise trade. 
D)  primary trade. 
A)  export trade. 
B)  services trade. 
C)  merchandise trade. 
D)  primary trade.

Question 18

The percentage of total worldwide FDI going to sub-Saharan Africa is

Accepted Answer

A)  5 percent. 
B)  10 percent. 
C)  25 percent. 
D)  50 percent. 
A)  5 percent. 
B)  10 percent. 
C)  25 percent. 
D)  50 percent.

Question 19

The two groups who believe in economic structuralism are world systems theorists and

Accepted Answer

A)  dependency theorists. 
B)  federalist theorists. 
C)  imperialist theorists. 
D)  neoimperialist theorists. 
A)  dependency theorists. 
B)  federalist theorists. 
C)  imperialist theorists. 
D)  neoimperialist theorists.

Question 20

What is an multinational corporation (MNC)?

Accepted Answer

A multinational corporation is a private

In their attempt to stop Iran from developing plutonium and weapons-grade uranium,the EU and UN Security Council tried a mix of

Which approach to international political economy argues that global prosperity is best achieved by freeing economic interchange from political restrictions?

Economic internationalists support the use of IGOs and national government interference in the economy for what two reasons?

List three of the political-economic strategies used by economic nationalists.

FDI and FPI are forms of

A country's sale of its exports in foreign markets at below-cost prices is known as

The dependency school argues that EDCs exploit the LDCs' supply of

What should be the proper relationship between politics and economics in the modern international system? Examine this question from each of the main perspectives in IPE.Which do you think is the best perspective,and why?

Domestic subsidies are used by governments to

When Adam Smith argued in The Wealth of Nations that politics should not interfere with trade,he was advocating economic

Economic sanctions and economic incentives can be used simultaneously.

Since the turn of this century,international economic activity has dramatically increased in volume.Why? What has been the effect of this increase on international relations?

Which of the following statements best characterizes the South?

Foreign investment in the United States

Why have some institutions such as the World Bank moved away from using GNP as a measure of a country's financial status and toward an adjusted GNP based on purchasing power parity (PPP)?

Name five demands for economic reform voiced by LDCs in the "Doha Program of Action."

Trade involving tangible items such as food and clothing is known as

The percentage of total worldwide FDI going to sub-Saharan Africa is

The two groups who believe in economic structuralism are world systems theorists and

What is an multinational corporation (MNC)?

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

International Economics: The Alternative Road

Preserving and Enhancing the Biosphere

Filters

Exam 10: National Economic Competition: The Traditional Road

In their attempt to stop Iran from developing plutonium and weapons-grade uranium,the EU and UN Security Council tried a mix of

Which approach to international political economy argues that global prosperity is best achieved by freeing economic interchange from political restrictions?

Economic internationalists support the use of IGOs and national government interference in the economy for what two reasons?

List three of the political-economic strategies used by economic nationalists.

FDI and FPI are forms of

A country's sale of its exports in foreign markets at below-cost prices is known as

The dependency school argues that EDCs exploit the LDCs' supply of

What should be the proper relationship between politics and economics in the modern international system? Ex­amine this question from each of the main perspectives in IPE.Which do you think is the best perspective,and why?

Domestic subsidies are used by governments to

When Adam Smith argued in The Wealth of Nations that politics should not interfere with trade,he was advocating economic

Economic sanctions and economic incentives can be used simultaneously.

Since the turn of this century,international economic activity has dramatically increased in volume.Why? What has been the effect of this increase on international relations?

Which of the following statements best characterizes the South?

Foreign investment in the United States

Why have some institutions such as the World Bank moved away from using GNP as a measure of a country's financial status and toward an adjusted GNP based on purchasing power parity (PPP)?

Name five demands for economic reform voiced by LDCs in the "Doha Program of Action."

Trade involving tangible items such as food and clothing is known as

The percentage of total worldwide FDI going to sub-Saharan Africa is

The two groups who believe in economic structuralism are world systems theorists and

What is an multinational corporation (MNC)?

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

International Economics: The Alternative Road

Preserving and Enhancing the Biosphere

Filters

What should be the proper relationship between politics and economics in the modern international system? Examine this question from each of the main perspectives in IPE.Which do you think is the best perspective,and why?