Question 1

Which term refers to the strategy of producing domestically those goods that a country has been importing?

Accepted Answer

A) Import substitution 
B) Export promotion 
C) Terms of trade 
D) Late development 
A) Import substitution 
B) Export promotion 
C) Terms of trade 
D) Late development

Question 2

Which approach to international aid has returned to favor, in part because some of the needs around the world are so glaring?

Accepted Answer

A) The good governance approach 
B) The basic human needs approach 
C) The microloan approach 
D) The protectionist approach 
A) The good governance approach 
B) The basic human needs approach 
C) The microloan approach 
D) The protectionist approach

Question 3

In recent decades, the World Bank shifted to an approach that focused on food, shelter, and health care. What is this approach known as?

Accepted Answer

A) The export-led growth strategy 
B) The developmental state approach 
C) The most favored nation strategy 
D) The basic human needs approach 
A) The export-led growth strategy 
B) The developmental state approach 
C) The most favored nation strategy 
D) The basic human needs approach

Question 4

The United States and Europe were relatively weak economically until around the year 1900. What are some of the explanations for this reversal?

Accepted Answer

There are several explanations for the e

Question 5

Which country has the second highest percentage of voting shares at the World Bank?

Accepted Answer

A) Japan 
B) Germany 
C) United States 
D) France 
A) Japan 
B) Germany 
C) United States 
D) France

Question 6

What strategies have scholars deemed the best strategies for development? Why may these models not work today as they have in the past? In other words, what problems for development may countries face in today's international environment?

Accepted Answer

Scholars have deemed various strategies

Question 7

The United States was willing to tolerate significant trade deficits with which of the following countries during the Cold War, due to the strategic importance of this country?

Accepted Answer

A) Singapore 
B) Taiwan 
C) England 
D) Japan 
A) Singapore 
B) Taiwan 
C) England 
D) Japan

Question 8

What impact does import substitution have on the balance of payments?

Accepted Answer

A) Negative, the balance of payments can deteriorate 
B) Positive, the balance of payments can improve 
C) None, the balance of payments does not change 
D) Unpredictable, the impact depends on the circumstances and imports 
A) Negative, the balance of payments can deteriorate 
B) Positive, the balance of payments can improve 
C) None, the balance of payments does not change 
D) Unpredictable, the impact depends on the circumstances and imports

Question 9

What is the development concept that pushes for the state to accumulate capital, direct investment, and provide legal, administrative, and educational infrastructure called?

Accepted Answer

A) The developmental state 
B) The free market 
C) State socialism 
D) The invisible hand 
A) The developmental state 
B) The free market 
C) State socialism 
D) The invisible hand

Question 10

Export-led growth countries pursued a policy of "going where the money is." What was this approach?

Accepted Answer

A) Investing capital in the rich countries of the world 
B) Borrowing capital from rich countries 
C) Producing goods for and selling goods to the international market 
D) Importing heavily from rich countries 
A) Investing capital in the rich countries of the world 
B) Borrowing capital from rich countries 
C) Producing goods for and selling goods to the international market 
D) Importing heavily from rich countries

Question 11

Which of the following strategies was not used by Germany to achieve development in the nineteenth century?

Accepted Answer

A) Taxation 
B) A first-rate education system 
C) Protectionism 
D) Central planning 
A) Taxation 
B) A first-rate education system 
C) Protectionism 
D) Central planning

Question 12

Which school of thought argues that inequality was produced by colonialism and will persist unless specific steps are taken?

Accepted Answer

A) Economic structuralism 
B) Liberalism 
C) Realism 
D) Constructivism 
A) Economic structuralism 
B) Liberalism 
C) Realism 
D) Constructivism

Question 13

How has Brazil managed to reach the status of one of the world's major economic and political powers? Discuss its history, approaches to development, and responses to financial crises.

Accepted Answer

Brazil has managed to reach the status o

Question 14

One major school of thought argues that the rise of capitalism affected Europe's economic development by doing which of the following?

Accepted Answer

A) By producing conditions where governments had incentives to let commerce flourish 
B) By allowing growing inequalities to flourish in Europe 
C) By leading to colonial expansion outside Europe 
D) By creating conditions for widespread economic equality 
A) By producing conditions where governments had incentives to let commerce flourish 
B) By allowing growing inequalities to flourish in Europe 
C) By leading to colonial expansion outside Europe 
D) By creating conditions for widespread economic equality

Question 15

Why do some criticize the voting structure in the World Bank?

Accepted Answer

A) They believe that the Bank remains a semicolonial organization in which the wealthy countries decide what will happen to the poor ones. 
B) They believe that it gives the United States too little control. 
C) They believe that it leads to increased capitalism. 
D) They believe that it actually prevents development. 
A) They believe that the Bank remains a semicolonial organization in which the wealthy countries decide what will happen to the poor ones. 
B) They believe that it gives the United States too little control. 
C) They believe that it leads to increased capitalism. 
D) They believe that it actually prevents development.

Question 16

The early industrialists of the United States, Germany, and Japan relied heavily on which of the following?

Accepted Answer

A) Free trade 
B) Private investment 
C) Protectionism 
D) Democratic institutions 
A) Free trade 
B) Private investment 
C) Protectionism 
D) Democratic institutions

Question 17

Why might the availability of investment funds for late developers not be as critical an issue today as in the past?

Accepted Answer

A) Because late developers can produce on a larger scale, lowering costs 
B) Because late developers increasingly are able to rely on domestic savings for capital 
C) Because financial markets have been globalized making it easier for foreign investment 
D) Because agriculture is the primary industry of late developers 
A) Because late developers can produce on a larger scale, lowering costs 
B) Because late developers increasingly are able to rely on domestic savings for capital 
C) Because financial markets have been globalized making it easier for foreign investment 
D) Because agriculture is the primary industry of late developers

Question 18

What does the Gini coefficient measure?

Accepted Answer

A) Income inequality 
B) Gender inequality 
C) Racial inequality 
D) International levels of fair trade 
A) Income inequality 
B) Gender inequality 
C) Racial inequality 
D) International levels of fair trade

Question 19

Why did import substitution fail as a strategy in the twentieth century?

Accepted Answer

Import substitution industrialization (I

Question 20

Purchasing power parity (PPP)is especially insightful because it takes into account which of the following?

Accepted Answer

A) The different costs of goods in different countries 
B) The percentage of a society living under conditions of poverty 
C) The absolute costs of living in any one country 
D) A relatively simple calculation of the cost of living 
A) The different costs of goods in different countries 
B) The percentage of a society living under conditions of poverty 
C) The absolute costs of living in any one country 
D) A relatively simple calculation of the cost of living

Which term refers to the strategy of producing domestically those goods that a country has been importing?

Which approach to international aid has returned to favor, in part because some of the needs around the world are so glaring?

In recent decades, the World Bank shifted to an approach that focused on food, shelter, and health care. What is this approach known as?

The United States and Europe were relatively weak economically until around the year 1900. What are some of the explanations for this reversal?

Which country has the second highest percentage of voting shares at the World Bank?

What strategies have scholars deemed the best strategies for development? Why may these models not work today as they have in the past? In other words, what problems for development may countries face in today's international environment?

The United States was willing to tolerate significant trade deficits with which of the following countries during the Cold War, due to the strategic importance of this country?

What impact does import substitution have on the balance of payments?

What is the development concept that pushes for the state to accumulate capital, direct investment, and provide legal, administrative, and educational infrastructure called?

Export-led growth countries pursued a policy of "going where the money is." What was this approach?

Which of the following strategies was not used by Germany to achieve development in the nineteenth century?

Which school of thought argues that inequality was produced by colonialism and will persist unless specific steps are taken?

How has Brazil managed to reach the status of one of the world's major economic and political powers? Discuss its history, approaches to development, and responses to financial crises.

One major school of thought argues that the rise of capitalism affected Europe's economic development by doing which of the following?

Why do some criticize the voting structure in the World Bank?

The early industrialists of the United States, Germany, and Japan relied heavily on which of the following?

Why might the availability of investment funds for late developers not be as critical an issue today as in the past?

What does the Gini coefficient measure?

Why did import substitution fail as a strategy in the twentieth century?

Purchasing power parity (PPP)is especially insightful because it takes into account which of the following?

Introduction: Problems and Questions in International Politics

The Historical Evolution of International Politics

Theories of International Relations: Realism and Liberalism

Theories of International Relations: Economic Structuralism, Constructivism, and Feminism

The State, Society, and Foreign Policy

Bureaucracies, Groups, and Individuals in the Foreign Policy Process

International Organizations and Transnational Actors

International Insecurity and the Causes of War and Peace

The Use of Force

Fundamentals of International Political Economy

The Globalization of Trade and Finance

International Law, Norms, and Human Rights

The Global Environment and International Politics

Conclusion: Power and Purpose in a Changing World

Filters

Exam 12: The Problem of Global Inequality

Which term refers to the strategy of producing domestically those goods that a country has been importing?

Which approach to international aid has returned to favor, in part because some of the needs around the world are so glaring?

In recent decades, the World Bank shifted to an approach that focused on food, shelter, and health care. What is this approach known as?

The United States and Europe were relatively weak economically until around the year 1900. What are some of the explanations for this reversal?

Which country has the second highest percentage of voting shares at the World Bank?

What strategies have scholars deemed the best strategies for development? Why may these models not work today as they have in the past? In other words, what problems for development may countries face in today's international environment?

The United States was willing to tolerate significant trade deficits with which of the following countries during the Cold War, due to the strategic importance of this country?

What impact does import substitution have on the balance of payments?

What is the development concept that pushes for the state to accumulate capital, direct investment, and provide legal, administrative, and educational infrastructure called?

Export-led growth countries pursued a policy of "going where the money is." What was this approach?

Which of the following strategies was not used by Germany to achieve development in the nineteenth century?

Which school of thought argues that inequality was produced by colonialism and will persist unless specific steps are taken?

How has Brazil managed to reach the status of one of the world's major economic and political powers? Discuss its history, approaches to development, and responses to financial crises.

One major school of thought argues that the rise of capitalism affected Europe's economic development by doing which of the following?

Why do some criticize the voting structure in the World Bank?

The early industrialists of the United States, Germany, and Japan relied heavily on which of the following?

Why might the availability of investment funds for late developers not be as critical an issue today as in the past?

What does the Gini coefficient measure?

Why did import substitution fail as a strategy in the twentieth century?

Purchasing power parity (PPP)is especially insightful because it takes into account which of the following?

Introduction: Problems and Questions in International Politics

The Historical Evolution of International Politics

Theories of International Relations: Realism and Liberalism

Theories of International Relations: Economic Structuralism, Constructivism, and Feminism

The State, Society, and Foreign Policy

Bureaucracies, Groups, and Individuals in the Foreign Policy Process

International Organizations and Transnational Actors

International Insecurity and the Causes of War and Peace

The Use of Force

Fundamentals of International Political Economy

The Globalization of Trade and Finance

International Law, Norms, and Human Rights

The Global Environment and International Politics

Conclusion: Power and Purpose in a Changing World

Filters