Question 1

Purchasing power parity (PPP) is especially insightful because it takes into account

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.

Question 2

The Gender Development Index, published by the United Nations Development Programme, measures the economic equality of men and women. Which of the following countries is considered as low-ranking on this index?

Accepted Answer

A)  Australia 
B)  Norway 
C)  Niger 
D)  United States 
A)  Australia 
B)  Norway 
C)  Niger 
D)  United States

Question 3

Liberals argue that the success of the Asian Tigers is evidence that the best approach to development is

Accepted Answer

A)  export led growth. 
B)  import substitution. 
C)  protectionism. 
D)  based on the free market. 
A)  export led growth. 
B)  import substitution. 
C)  protectionism. 
D)  based on the free market.

Question 4

Critically compare the three dominant strategies of economic development: import substitution, export-led growth, and state socialism. What are the strengths and weaknesses of each strategy?

Accepted Answer

Import substitution, export-led growth,

Question 5

Dividing the overall annual income of a country by the population results in the

Accepted Answer

A)  purchasing power parity. 
B)  percentage of poverty. 
C)  per capita GDP. 
D)  gross national product. 
A)  purchasing power parity. 
B)  percentage of poverty. 
C)  per capita GDP. 
D)  gross national product.

Question 6

Although the price of oil and some commodities has increased in recent years, the price of most raw materials has declined. For countries that primarily produce raw materials, this development has led to

Accepted Answer

A)  declining terms of trade. 
B)  a rise in terms of trade. 
C)  opportunities to rely on inexpensive labor. 
D)  an increase in the export of raw materials. 
A)  declining terms of trade. 
B)  a rise in terms of trade. 
C)  opportunities to rely on inexpensive labor. 
D)  an increase in the export of raw materials.

Question 7

Self-interest is an important motive for countries who express concern that poverty may be linked to a rise in

Accepted Answer

A)  religious activity. 
B)  environmental deterioration. 
C)  terrorist events. 
D)  capitalist entrepreneurialism. 
A)  religious activity. 
B)  environmental deterioration. 
C)  terrorist events. 
D)  capitalist entrepreneurialism.

Question 8

Although state planning increased production, the failure of state socialism resulted from the

Accepted Answer

A)  expansion of foreign indebtedness. 
B)  lack of innovation. 
C)  absence of democracy. 
D)  failure to develop international markets for goods. 
A)  expansion of foreign indebtedness. 
B)  lack of innovation. 
C)  absence of democracy. 
D)  failure to develop international markets for goods.

Question 9

What problem do late developers confront with economies of scale?

Accepted Answer

A)  They produce on a small scale at a higher cost. 
B)  They are unable to produce a large amount of their goods. 
C)  First movers are able to undermine these new businesses. 
D)  The laws and policies set by the first movers hinder late developers. 
A)  They produce on a small scale at a higher cost. 
B)  They are unable to produce a large amount of their goods. 
C)  First movers are able to undermine these new businesses. 
D)  The laws and policies set by the first movers hinder late developers.

Question 10

Which of the following is not an important function of the World Bank?

Accepted Answer

A)  Economic policy recommendations. 
B)  Lending programs. 
C)  Peacekeeping forces. 
D)  research on development issues. 
A)  Economic policy recommendations. 
B)  Lending programs. 
C)  Peacekeeping forces. 
D)  research on development issues.

Question 11

How do network effects benefit established businesses?

Accepted Answer

A)  It allows consumers to find a variety of goods and services in one place. 
B)  Transportation costs are decreased, and the concentration of many people and firms in a particular area leads to greater innovation by existing firms and new ones. 
C)  It doesn't benefit established businesses. 
D)  It allows the established business to learn about its competitors, thus allowing it to lower prices and compete more effectively. 
A)  It allows consumers to find a variety of goods and services in one place. 
B)  Transportation costs are decreased, and the concentration of many people and firms in a particular area leads to greater innovation by existing firms and new ones. 
C)  It doesn't benefit established businesses. 
D)  It allows the established business to learn about its competitors, thus allowing it to lower prices and compete more effectively.

Question 12

The availability of investment funds for late developers may not be as critical an issue today as in the past because

Accepted Answer

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

Question 13

In measuring poverty and/or inequality, the following statistic is most widely used because it is among the easiest to determine

Accepted Answer

A)  purchasing power parity. 
B)  human development index. 
C)  per capita GDP. 
D)  Gini coefficient. 
A)  purchasing power parity. 
B)  human development index. 
C)  per capita GDP. 
D)  Gini coefficient.

Question 14

An economic effect whereby an increase in spending (for example, of funds provided to a country by a donor) produces an increase in national income and consumption greater than the initial amount spent is called the

Accepted Answer

A)  untied aid. 
B)  multiplier effect. 
C)  export-led growth effect. 
D)  network effect. 
A)  untied aid. 
B)  multiplier effect. 
C)  export-led growth effect. 
D)  network effect.

Question 15

After the attacks of September 11, 2001, aid from various governments shifted to __________, which was viewed as crucial in dislodging the Taliban movement in Afghanistan and in preventing the spread of militant Islamic fundamentalism.

Accepted Answer

A)  Eastern Europe 
B)  the United States 
C)  Central Asia 
D)  Middle east 
A)  Eastern Europe 
B)  the United States 
C)  Central Asia 
D)  Middle east

Question 16

What have been some of the historical strategies used by states,
e.g., the United States and Germany, in order to overcome late development? How do they compare with either the developmental state or export-led approaches?

Accepted Answer

Historically, states such as the United

Question 17

According to the Fair Labor Association's "Workplace Code of Conduct," which of the following ages is too young to work under any circumstance?

Accepted Answer

A)  15 
B)  14 
C)  13 
D)  All of the above are true. 
A)  15 
B)  14 
C)  13 
D)  All of the above are true.

Question 18

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

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 19

Which of the following is mentioned in the text as a UN Millennium Development Goal?

Accepted Answer

A)  Eradicate Poverty 
B)  Eradicate Hunger 
C)  Create a global partnership for development 
D)  All of the above are true. 
A)  Eradicate Poverty 
B)  Eradicate Hunger 
C)  Create a global partnership for development 
D)  All of the above are true.

Question 20

The concept of good governance refers to

Accepted Answer

A)  a government that is led by moral leaders. 
B)  a transparent, accountable, and effective government. 
C)  all types of democracies. 
D)  democratically elected governments. 
A)  a government that is led by moral leaders. 
B)  a transparent, accountable, and effective government. 
C)  all types of democracies. 
D)  democratically elected governments.

Purchasing power parity (PPP) is especially insightful because it takes into account

The Gender Development Index, published by the United Nations Development Programme, measures the economic equality of men and women. Which of the following countries is considered as low-ranking on this index?

Liberals argue that the success of the Asian Tigers is evidence that the best approach to development is

Critically compare the three dominant strategies of economic development: import substitution, export-led growth, and state socialism. What are the strengths and weaknesses of each strategy?

Dividing the overall annual income of a country by the population results in the

Although the price of oil and some commodities has increased in recent years, the price of most raw materials has declined. For countries that primarily produce raw materials, this development has led to

Self-interest is an important motive for countries who express concern that poverty may be linked to a rise in

Although state planning increased production, the failure of state socialism resulted from the

What problem do late developers confront with economies of scale?

Which of the following is not an important function of the World Bank?

How do network effects benefit established businesses?

The availability of investment funds for late developers may not be as critical an issue today as in the past because

In measuring poverty and/or inequality, the following statistic is most widely used because it is among the easiest to determine

An economic effect whereby an increase in spending (for example, of funds provided to a country by a donor) produces an increase in national income and consumption greater than the initial amount spent is called the

After the attacks of September 11, 2001, aid from various governments shifted to __________, which was viewed as crucial in dislodging the Taliban movement in Afghanistan and in preventing the spread of militant Islamic fundamentalism.

What have been some of the historical strategies used by states, e.g., the United States and Germany, in order to overcome late development? How do they compare with either the developmental state or export-led approaches?

According to the Fair Labor Association's "Workplace Code of Conduct," which of the following ages is too young to work under any circumstance?

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

Which of the following is mentioned in the text as a UN Millennium Development Goal?

The concept of good governance refers to

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

Purchasing power parity (PPP) is especially insightful because it takes into account

The Gender Development Index, published by the United Nations Development Programme, measures the economic equality of men and women. Which of the following countries is considered as low-ranking on this index?

Liberals argue that the success of the Asian Tigers is evidence that the best approach to development is

Critically compare the three dominant strategies of economic development: import substitution, export-led growth, and state socialism. What are the strengths and weaknesses of each strategy?

Dividing the overall annual income of a country by the population results in the

Although the price of oil and some commodities has increased in recent years, the price of most raw materials has declined. For countries that primarily produce raw materials, this development has led to

Self-interest is an important motive for countries who express concern that poverty may be linked to a rise in

Although state planning increased production, the failure of state socialism resulted from the

What problem do late developers confront with economies of scale?

Which of the following is not an important function of the World Bank?

How do network effects benefit established businesses?

The availability of investment funds for late developers may not be as critical an issue today as in the past because

In measuring poverty and/or inequality, the following statistic is most widely used because it is among the easiest to determine

An economic effect whereby an increase in spending (for example, of funds provided to a country by a donor) produces an increase in national income and consumption greater than the initial amount spent is called the

After the attacks of September 11, 2001, aid from various governments shifted to __________, which was viewed as crucial in dislodging the Taliban movement in Afghanistan and in preventing the spread of militant Islamic fundamentalism.

What have been some of the historical strategies used by states, e.g., the United States and Germany, in order to overcome late development? How do they compare with either the developmental state or export-led approaches?

According to the Fair Labor Association's "Workplace Code of Conduct," which of the following ages is too young to work under any circumstance?

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

Which of the following is mentioned in the text as a UN Millennium Development Goal?

The concept of good governance refers to

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