1. The primary source of remittances is: a) international mi-
grants
a) international migrants
b) MNCs
c) Transfer payments
d) Private investors
2. Which of the following countries reaches the goal of c) Norway
giving ODA amounting to 0.7 percent of its GNI?
a) Germany.
b) the United States.
c) Norway
d) Spain
3. The only World Bank group institution that gives ODA,
as the OECD defines the term, is the
a) IBRD.
b) IMF.
c) IDA.
d) IFC.
4. Name the World Bank group focused on loans to the d) IFC.
private sector:
a) IBRD.
b) IMF.
c) IDA.
d) IFC.
5. ISI as a development strategy for LDCs was focused b) industrialization
on
a) more self-sufficiency
b) industrialization
c) agricultural competitiveness
d) creating MNCs
, POS 486 Final Examination
l
6. The region most closely associated with ISI was a) Latin America
a) Latin America
b) South Asia
c) Africa
d) East Asia
7. East Asia's strategy contrasted with Latin America by
emphasizing:
a) Labor migration
b) Development of internal markets
c) Increasing linkages from commodities
d) Export development
8. The "developmental state" is a concept closest to a) neomercan-
which theorists? tilists
a) neomercantilists
b) dependency theorists
c) interventionist liberals
d) historical materialists
9. The Washington Consensus was b) a belief that de-
mocratic govern-
a) an understanding that an LDC's preferred policies ment and a dom-
depended on its stage of development. inant private sec-
b) a belief that democratic government and a domi- tor would lead to
nant private sector would lead to prosperity. prosperity.
c) a belief that the market and the state complement
each other.
d) a consensus that LDCs required more aid to deal
with their financial problems.
10. The strongest supporters of IMF and World Bank c) orthodox liber-
structural adjustment programs were als.
a) interventionist liberals.
b) neomercantilists.
, POS 486 Final Examination
l
c) orthodox liberals.
d) historical materialists.
11. LDC women face many challenges because b) they often must
spend a good deal
a) those who work outside the home are often in- of time on unpaid
volved in agricultural production for export and do- subsistence work.
mestic consumption.
b) they often must spend a good deal of time on
unpaid subsistence work.
c) they must decide whether to focus on household
work or on wage labor.
d) they face many household duties and rarely work
outside the home.
12. World Bank President Robert McNamara was closely d) a basic needs
associated with approach to devel-
opment aid.
a) a neomercantilist approach to development.
b) a trickle-down approach to development aid.
c) an orthodox liberal approach to development.
d) a basic needs approach to development aid.
13. The Grameen Bank is a model for: c) Microfinance
a) Poverty reduction
b) Gender equity
c) Microfinance
d) Trade adjustment
14. The Comprehensive Development Framework and b) are parts of
the Poverty Reduction Strategy Papers both the structural ad-
justment program.
a) provide low-cost, short-term financial services.
b) are parts of the structural adjustment program.
c) are closely linked with the IMF and World Bank.
d) seek a more consultative rather than top-down
process.
15. FALSE
, POS 486 Final Examination
l
Global Overseas Development Assistance (ODA) is
about ¼ of total FDI.
TRUE / FALSE
16. Most donors meet their ODA targets in terms of TRUE
aid/GDP.
TRUE / FALSE
17. Since most of the goals of the MDGs were met, the TRUE
SDGs were adopted to push forward on new chal-
lenges.
TRUE / FALSE
18. The United States has enough votes to wield control FALSE
of the World Bank.
TRUE / FALSE
19. ISI was a failure in terms of development progress TRUE
from its introduction in in the 1950s.
TRUE / FALSE
20. Under socialism in the 1960s, Tanzania was able to FALSE
improve health and education outcomes.
TRUE / FALSE
21. The World Bank opposed LDC import substitution TRUE
industrialization policies during the 1950s because of
its free-market oriented policies.
TRUE / FALSE
22. The Washington Consensus suggests that free mar- TRUE
kets require democracy.
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