Question 1

The experience of Chile's foreign sector in the last two decades of the 20th century supports the proposition that economic growth is supported by

Accepted Answer

A)  import substitution. 
B)  industrialization policies. 
C)  trade liberalization policies. 
D)  intra-industry trading. 
E)  trade embargoes. 
A)  import substitution. 
B)  industrialization policies. 
C)  trade liberalization policies. 
D)  intra-industry trading. 
E)  trade embargoes.

Question 2

The growth successes of the high performance Asian economies

Accepted Answer

A)  supports the belief that economic development requires import substitution policies. 
B)  rejects the belief that export-oriented industrialization is likely to promote economic development. 
C)  rejects the belief that economic development requires import substitution policies. 
D)  suggests that free trade policies are required for successful economic development. 
E)  enforces United States' hesitation to trade with developing countries. 
A)  supports the belief that economic development requires import substitution policies. 
B)  rejects the belief that export-oriented industrialization is likely to promote economic development. 
C)  rejects the belief that economic development requires import substitution policies. 
D)  suggests that free trade policies are required for successful economic development. 
E)  enforces United States' hesitation to trade with developing countries.

Question 3

Export-led growth tends to

Accepted Answer

A)  discourage competition in the global economy. 
B)  exploit domestic comparative advantages. 
C)  lead to unemployment among domestic workers. 
D)  help firms benefit from diseconomies of large-scale production. 
E)  lower the overall volume of imports. 
A)  discourage competition in the global economy. 
B)  exploit domestic comparative advantages. 
C)  lead to unemployment among domestic workers. 
D)  help firms benefit from diseconomies of large-scale production. 
E)  lower the overall volume of imports.

The experience of Chile's foreign sector in the last two decades of the 20th century supports the proposition that economic growth is supported by

The growth successes of the high performance Asian economies

Export-led growth tends to

Introduction

World Trade: an Overview

Labor Productivity and Comparative Advantage: the Ricardian Model

Specific Factors and Income Distribution

Resources and Trade: the Heckscher-Ohlin Model

The Standard Trade Model

External Economies of Scale and the International Location of Production

Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises

The Instruments of Trade Policy

The Political Economy of Trade Policy

Controversies in Trade Policy

National Income Accounting and the Balance of Payments

Exchange Rates and the Foreign Exchange Market: an Asset Approach

Money, Interest Rates, and Exchange Rates

Price Levels and the Exchange Rate in the Long Run

Output and the Exchange Rate in the Short Run

Fixed Exchange Rates and Foreign Exchange Intervention

International Monetary Systems: an Historical Overview

Financial Globalization: Opportunity and Crisis

Optimum Currency Areas and the Euro

Developing Countries: Growth, Crisis, and Reform

Filters

Exam 11: Trade Policy in Developing Countries

The experience of Chile's foreign sector in the last two decades of the 20th century supports the proposition that economic growth is supported by

The growth successes of the high performance Asian economies

Export-led growth tends to

Introduction

World Trade: an Overview

Labor Productivity and Comparative Advantage: the Ricardian Model

Specific Factors and Income Distribution

Resources and Trade: the Heckscher-Ohlin Model

The Standard Trade Model

External Economies of Scale and the International Location of Production

Firms in the Global Economy: Export Decisions, Outsourcing, and Multinational Enterprises

The Instruments of Trade Policy

The Political Economy of Trade Policy

Controversies in Trade Policy

National Income Accounting and the Balance of Payments

Exchange Rates and the Foreign Exchange Market: an Asset Approach

Money, Interest Rates, and Exchange Rates

Price Levels and the Exchange Rate in the Long Run

Output and the Exchange Rate in the Short Run

Fixed Exchange Rates and Foreign Exchange Intervention

International Monetary Systems: an Historical Overview

Financial Globalization: Opportunity and Crisis

Optimum Currency Areas and the Euro

Developing Countries: Growth, Crisis, and Reform

Filters