Question 1

Why do some economists argue that the GNP does not give an accurate picture of a country's financial status?

Accepted Answer

The GNP does not take into account the p

Question 2

Economic nationalists rely on all of the following strategies to preserve and expand state power except

Accepted Answer

A)  economic disincentives. 
B)  imperialism. 
C)  free trade. 
D)  protectionism. 
A)  economic disincentives. 
B)  imperialism. 
C)  free trade. 
D)  protectionism.

Question 3

A stronger or weaker currency has both advantages and disadvantages.Which of the following is a disadvantage (for Americans)of having a strong U.S.dollar?

Accepted Answer

A)  Lower prices for foreign goods and services 
B)  Foreign stocks and bonds cost less 
C)  Foreign investments are more costly 
D)  U.S. firms must compete with lower priced imports 
A)  Lower prices for foreign goods and services 
B)  Foreign stocks and bonds cost less 
C)  Foreign investments are more costly 
D)  U.S. firms must compete with lower priced imports

Question 4

Identify and describe two tactics countries may use to support there domestic products on the international market.

Accepted Answer

Any of the following: subsides,providing

Question 5

The North-South analytical categorization is rendered obsolete by the existence of NICs.

Accepted Answer

A) True 
 B)False

Question 6

Which approach to international political economy views the international economy as a non-zero-sum game?

Accepted Answer

A)  Economic nationalism 
B)  Economic structuralism 
C)  Economic internationalism 
D)  Economic statecraft 
A)  Economic nationalism 
B)  Economic structuralism 
C)  Economic internationalism 
D)  Economic statecraft

Question 7

The mixed pattern of LDC development is caused by

Accepted Answer

A)  domination by the North. 
B)  disparity within LDC countries. 
C)  disparity between LDC countries. 
D)  disparity both within and between LDC countries. 
A)  domination by the North. 
B)  disparity within LDC countries. 
C)  disparity between LDC countries. 
D)  disparity both within and between LDC countries.

Question 8

Nationalist opposition to economic integration and cooperation

Accepted Answer

A)  has declined significantly. 
B)  has declined somewhat. 
C)  remains strong in many places. 
D)  was never much of a force. 
A)  has declined significantly. 
B)  has declined somewhat. 
C)  remains strong in many places. 
D)  was never much of a force.

Question 9

What are the three major strands of thought in economic structuralism?

Accepted Answer

Marxist theory,depen

Question 10

The primary exports of LDCs are manufactured goods.

Accepted Answer

A) True 
 B)False

Question 11

The primary reason that the General Agreement on Tariffs and Trade was established was to

Accepted Answer

A)  set trade tariffs between countries. 
B)  coordinate trade throughout the world. 
C)  provide a means for countries to reduce international trade barriers. 
D)  help LDCs to increase their trade. 
A)  set trade tariffs between countries. 
B)  coordinate trade throughout the world. 
C)  provide a means for countries to reduce international trade barriers. 
D)  help LDCs to increase their trade.

Question 12

Describe the changes in North-North economic competition.Are these changes for the better or worse?

Accepted Answer

Students should discuss changes in the N

Question 13

Economic nationalists believe in using economic policy to further national interests.

Accepted Answer

A) True 
 B)False

Question 14

Disparity within countries is not an economic problem facing LDCs.

Accepted Answer

A) True 
 B)False

Question 15

In addition to protectionist barriers to foreign trade and investment,countries to increase the economic prospects of domestic products through a variety of means.Identify and briefly describe two of these.

Accepted Answer

Two of the three fol

Question 16

Which economic perspective do you find most compelling,and why?

Accepted Answer

Students should be able to explain the d

Question 17

Which of the following best captures public perception of globalization in the North and South?

Accepted Answer

A)  Citizens in the North are skeptical while citizens in the South are pleased: many in the North believe their prosperity to be threatened by movement of jobs; many in the South believe globalization is helping to grow their economies. 
B)  Citizens in the North are pleased while citizens in the South are skeptical: many in the North believe their prosperity is due to their advantageous trading arrangements with the South; many in the South believe globalization benefits the North at the South's expense. 
C)  Citizens in both the North and South are pleased: many in the North believe their prosperity is due to their advantageous trading arrangements with the South; many in the South believe globalization is helping to grow their economies. 
D)  Citizens in both the North and South are skeptical: many in the North believe their prosperity to be threatened by movement of jobs; many in the South believe globalization benefits the North at the South's expense. 
A)  Citizens in the North are skeptical while citizens in the South are pleased: many in the North believe their prosperity to be threatened by movement of jobs; many in the South believe globalization is helping to grow their economies. 
B)  Citizens in the North are pleased while citizens in the South are skeptical: many in the North believe their prosperity is due to their advantageous trading arrangements with the South; many in the South believe globalization benefits the North at the South's expense. 
C)  Citizens in both the North and South are pleased: many in the North believe their prosperity is due to their advantageous trading arrangements with the South; many in the South believe globalization is helping to grow their economies. 
D)  Citizens in both the North and South are skeptical: many in the North believe their prosperity to be threatened by movement of jobs; many in the South believe globalization benefits the North at the South's expense.

Question 18

In the Communist Manifesto,Karl Marx argued that the struggle between the bourgeosie and the proletariat was primarily over

Accepted Answer

A)  the right to vote. 
B)  land. 
C)  nationalism. 
D)  the distribution of wealth. 
A)  the right to vote. 
B)  land. 
C)  nationalism. 
D)  the distribution of wealth.

Question 19

Which of the following is a cartel?

Accepted Answer

A)  Organization of Economic Cooperation and Development (OEC
D)  
B)  International Monetary Fund (IMF) 
C)  Organization of Petroleum Exporting Countries (OPE
C)  
D)  Dutch East India Company 
A)  Organization of Economic Cooperation and Development (OEC
D)  
B)  International Monetary Fund (IMF) 
C)  Organization of Petroleum Exporting Countries (OPE
C)  
D)  Dutch East India Company

Question 20

Reliance on primary products as a form of trade

Accepted Answer

A)  has benefited LDCs that produce more than one primary product. 
B)  does not suffer from price instability. 
C)  has not been a highly effective means for LDC development. 
D)  has not provided a substantial income for any LDC. 
A)  has benefited LDCs that produce more than one primary product. 
B)  does not suffer from price instability. 
C)  has not been a highly effective means for LDC development. 
D)  has not provided a substantial income for any LDC.

Why do some economists argue that the GNP does not give an accurate picture of a country's financial status?

Economic nationalists rely on all of the following strategies to preserve and expand state power except

A stronger or weaker currency has both advantages and disadvantages.Which of the following is a disadvantage (for Americans)of having a strong U.S.dollar?

Identify and describe two tactics countries may use to support there domestic products on the international market.

The North-South analytical categorization is rendered obsolete by the existence of NICs.

Which approach to international political economy views the international economy as a non-zero-sum game?

The mixed pattern of LDC development is caused by

Nationalist opposition to economic integration and cooperation

What are the three major strands of thought in economic structuralism?

The primary exports of LDCs are manufactured goods.

The primary reason that the General Agreement on Tariffs and Trade was established was to

Describe the changes in North-North economic competition.Are these changes for the better or worse?

Economic nationalists believe in using economic policy to further national interests.

Disparity within countries is not an economic problem facing LDCs.

In addition to protectionist barriers to foreign trade and investment,countries to increase the economic prospects of domestic products through a variety of means.Identify and briefly describe two of these.

Which economic perspective do you find most compelling,and why?

Which of the following best captures public perception of globalization in the North and South?

In the Communist Manifesto,Karl Marx argued that the struggle between the bourgeosie and the proletariat was primarily over

Which of the following is a cartel?

Reliance on primary products as a form of trade

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

Why do some economists argue that the GNP does not give an accurate picture of a country's financial status?

Economic nationalists rely on all of the following strategies to preserve and expand state power except

A stronger or weaker currency has both advantages and disadvantages.Which of the following is a disadvantage (for Americans)of having a strong U.S.dollar?

Identify and describe two tactics countries may use to support there domestic products on the international market.

The North-South analytical categorization is rendered obsolete by the existence of NICs.

Which approach to international political economy views the international economy as a non-zero-sum game?

The mixed pattern of LDC development is caused by

Nationalist opposition to economic integration and cooperation

What are the three major strands of thought in economic structuralism?

The primary exports of LDCs are manufactured goods.

The primary reason that the General Agreement on Tariffs and Trade was established was to

Describe the changes in North-North economic competition.Are these changes for the better or worse?

Economic nationalists believe in using economic policy to further national interests.

Disparity within countries is not an economic problem facing LDCs.

In addition to protectionist barriers to foreign trade and investment,countries to increase the economic prospects of domestic products through a variety of means.Identify and briefly describe two of these.

Which economic perspective do you find most compelling,and why?

Which of the following best captures public perception of globalization in the North and South?

In the Communist Manifesto,Karl Marx argued that the struggle between the bourgeosie and the proletariat was primarily over

Which of the following is a cartel?

Reliance on primary products as a form of trade

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