Student Center | Home

World Politics: International Politics on the World Stage, Brief, 4/e

John T. Rourke, University of Connecticut - Storrs
Mark A. Boyer, University of Connecticut - Storrs

International Economic Competition and Cooperation

Chapter 12 Quiz


1	The principal economic actors on the world stage are
		A)	states.
		B)	MNCs.
		C)	the WTO and IMF.
		D)	transnational labor unions.


2	Economic sanctions are likely to be most effective when
		A)	they aim to change the government.
		B)	the target state has a united government.
		C)	the sender and target have minimal trade links.
		D)	their goals are modest.


3	When fewer workers are needed to produce even greater amounts of manufactured goods, the country's economy is
		A)	preindustrial.
		B)	postindustrial.
		C)	rapidly expanding.
		D)	in the development stage.


4	The economies of the LDCs have produced
		A)	an even distribution of income.
		B)	a highly disparate distribution of wealth.
		C)	a pure socialist economic and political system.
		D)	a more even distribution of income than that of the EDCs.


5	In order to purchase imports, LDCs need to
		A)	print more money.
		B)	form cartels.
		C)	acquire hard currency.
		D)	embrace capitalism.


6	Dumping occurs when a
		A)	domestic producer undersells foreign competition at home.
		B)	company sells its goods abroad at a price higher than it sells them for at home.
		C)	company sells its goods abroad at a price lower than it sells them for at home.
		D)	country places restrictions on the import of foreign goods.


7	During the 1990s bilateral foreign aid-giving by EDCs has
		A)	increased in real dollars.
		B)	decreased in real dollars.
		C)	increased as a percentage of EDCs' cumulative GDPs.
		D)	remained at the levels of the 1980s.


8	The primary function of the IMF is to
		A)	help maintain exchange-rate stability.
		B)	promote monetary union.
		C)	arbitrate economic disputes.
		D)	assist developing countries.


9	The use of sanctions as a foreign policy tool is ineffective in the majority of cases.
		A)	True
		B)	False


10	Quotas are a type of nontariff barrier.
		A)	True
		B)	False

2002 McGraw-Hill Higher Education
Any use is subject to the Terms of Use and Privacy Policy.
McGraw-Hill Higher Education is one of the many fine businesses of The McGraw-Hill Companies.