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Global Political Economy bundled exams with correct answers 2024
Global Political Economy exam with correct answers 2024 African Political Economy Exam with corrrect answers 2024
[Show more]Global Political Economy exam with correct answers 2024 African Political Economy Exam with corrrect answers 2024
[Show more]Global Political Economy correct answers a new discipline of study that looks at the interplay politics and economics to understand how states and the economy develop in the world arena after the welfare state superseded (1970) 
 
Pax Britannica correct answers British Peace: when Britain was hege...
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Add to cartGlobal Political Economy correct answers a new discipline of study that looks at the interplay politics and economics to understand how states and the economy develop in the world arena after the welfare state superseded (1970) 
 
Pax Britannica correct answers British Peace: when Britain was hege...
Quotas correct answers the application of a quantitative restriction against goods or services from another region 
 
Currency Controls correct answers limit the availability of foreign currency for the purchase of foreign goods 
 
Voluntary Export Restraints correct answers Voluntary Export Rest...
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Add to cartQuotas correct answers the application of a quantitative restriction against goods or services from another region 
 
Currency Controls correct answers limit the availability of foreign currency for the purchase of foreign goods 
 
Voluntary Export Restraints correct answers Voluntary Export Rest...
Everyone who is part of a dominant ethnic group holds a powerful and advantaged status. correct answers False 
 
The April of 2015, CNN (and others) reported that the two top foreign holders of U.S. debt are _________________; this social fact demonstrates the interdependence of the global politica...
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Add to cartEveryone who is part of a dominant ethnic group holds a powerful and advantaged status. correct answers False 
 
The April of 2015, CNN (and others) reported that the two top foreign holders of U.S. debt are _________________; this social fact demonstrates the interdependence of the global politica...
large N studies correct answers statistical investigations using a data base to find common feature/causes across large number of cases 
 
small N studies correct answers comparative hypothesis testing 
 
gold standard correct answers fix currency relative to gold, country will exchange currency ...
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Add to cartlarge N studies correct answers statistical investigations using a data base to find common feature/causes across large number of cases 
 
small N studies correct answers comparative hypothesis testing 
 
gold standard correct answers fix currency relative to gold, country will exchange currency ...
How to calculate index of openness? What it is? correct answers The index of openness is the ratio of trade to GDP: 
Index of Openness = (Exports +Imports)/GDP 
Remember: Openness does not reveal a country's trade policies or define its barriers to trade; it merely indicates how open that economy ...
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Add to cartHow to calculate index of openness? What it is? correct answers The index of openness is the ratio of trade to GDP: 
Index of Openness = (Exports +Imports)/GDP 
Remember: Openness does not reveal a country's trade policies or define its barriers to trade; it merely indicates how open that economy ...
England By Forraign Trade correct answers -we can increase our wealth by diminishing unnecessary importations, excessive consumption 
-in exporting goods we must consider not only our own superflueties but also the needs of our trading partner, so that we can profit by providing them what they nee...
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Add to cartEngland By Forraign Trade correct answers -we can increase our wealth by diminishing unnecessary importations, excessive consumption 
-in exporting goods we must consider not only our own superflueties but also the needs of our trading partner, so that we can profit by providing them what they nee...
What happened at the Berlin Conference: correct answers European countries divided up Africa without much regard for local peoples or existing ethnic divisions 
 
Colonies (select all that apply, there are one to four possible correct answers): correct answers Were generally drained of commoditie...
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Add to cartWhat happened at the Berlin Conference: correct answers European countries divided up Africa without much regard for local peoples or existing ethnic divisions 
 
Colonies (select all that apply, there are one to four possible correct answers): correct answers Were generally drained of commoditie...
Index of Openness correct answers (Exports + Imports) / GDP 
 
How open a country is to trade 
 
FDI correct answers Foreign Direct Investment 
Investment in a country 
Something tangible such as a factory, buildings, etc. 
Does not include portfolio investments such as stocks, bonds, etc. 
Indica...
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Add to cartIndex of Openness correct answers (Exports + Imports) / GDP 
 
How open a country is to trade 
 
FDI correct answers Foreign Direct Investment 
Investment in a country 
Something tangible such as a factory, buildings, etc. 
Does not include portfolio investments such as stocks, bonds, etc. 
Indica...
Openness Index Meaning correct answers Trade as a percentage of GDP 
 
Measures level of integration 
 
Does not reveal a country's trade policies or define its barriers to trade; it merely indicates how open that economy is to global trade 
 
China is more open than US 
 
Integration (Shallow vs....
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Add to cartOpenness Index Meaning correct answers Trade as a percentage of GDP 
 
Measures level of integration 
 
Does not reveal a country's trade policies or define its barriers to trade; it merely indicates how open that economy is to global trade 
 
China is more open than US 
 
Integration (Shallow vs....
Mercantilism dominated which centuries of the political economy? correct answers 17th and 18th centuries. 
 
Three main premises of mercantilism correct answers State power and wealth are connected, trade created wealth but only when a state sold more than it bought and some forms of economic acti...
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Add to cartMercantilism dominated which centuries of the political economy? correct answers 17th and 18th centuries. 
 
Three main premises of mercantilism correct answers State power and wealth are connected, trade created wealth but only when a state sold more than it bought and some forms of economic acti...
What is GPE? correct answers - GPE looks at what drives and explains events in the world economy 
- it is an interplay of economics and politics in world affairs. 
- set of international and global problems that cannot usefully be understood or analyzed as just "international politics" or "just...
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Add to cartWhat is GPE? correct answers - GPE looks at what drives and explains events in the world economy 
- it is an interplay of economics and politics in world affairs. 
- set of international and global problems that cannot usefully be understood or analyzed as just "international politics" or "just...
Under colonialism correct answers Colonies provided cheap labor and resources, and served as markets for the colonizers goods 
A core dominant country generally controlled the political and economic lives of foreign peoples 
 
For people and countries to develop and prosper, they need correct answ...
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Add to cartUnder colonialism correct answers Colonies provided cheap labor and resources, and served as markets for the colonizers goods 
A core dominant country generally controlled the political and economic lives of foreign peoples 
 
For people and countries to develop and prosper, they need correct answ...
tariff correct answers indirect limit on imports 
imposes a TAX on imports 
 
quota correct answers direct limit on imports 
regulate NUMBER of imports 
 
purpose of tariffs and quotas correct answers encourages consumers to switch to cheaper domestic goods 
 
Value added tax correct answers Pri...
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Add to carttariff correct answers indirect limit on imports 
imposes a TAX on imports 
 
quota correct answers direct limit on imports 
regulate NUMBER of imports 
 
purpose of tariffs and quotas correct answers encourages consumers to switch to cheaper domestic goods 
 
Value added tax correct answers Pri...
How does the theory of comparative advantage help us understand the politics of international trade? correct answers logically explains how and why trade is beneficial to both partners. The basic point is that by specializing and trading, states and individuals can increase overall consumption and ...
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Add to cartHow does the theory of comparative advantage help us understand the politics of international trade? correct answers logically explains how and why trade is beneficial to both partners. The basic point is that by specializing and trading, states and individuals can increase overall consumption and ...
International Political Economy (IPE) correct answers Field of study dealing with the interseciton of international relations and economics 
 
Emergence of IPE correct answers - Emerged in the 1970s as an unorthodox approach to international studies 
- Grew out of IR's failure to grasp the causes...
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Add to cartInternational Political Economy (IPE) correct answers Field of study dealing with the interseciton of international relations and economics 
 
Emergence of IPE correct answers - Emerged in the 1970s as an unorthodox approach to international studies 
- Grew out of IR's failure to grasp the causes...
International Political Economy primarily studies: correct answers How the consequences global economic exchange generates political winners and losers in national and international arenas. 
 
International Political economy will NOT examine: correct answers Domestic fiscal system 
 
International...
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Add to cartInternational Political Economy primarily studies: correct answers How the consequences global economic exchange generates political winners and losers in national and international arenas. 
 
International Political economy will NOT examine: correct answers Domestic fiscal system 
 
International...
Why might a multinational corporation (MNC) move production abroad for political reasons? correct answers MNCs may wish to get around tough government regulations in their home country. 
 
EU- 
NAFTA- 
ASEAN- 
Mercosur- correct answers Europe 
North America 
Asia 
 South America 
 
Which of the...
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Add to cartWhy might a multinational corporation (MNC) move production abroad for political reasons? correct answers MNCs may wish to get around tough government regulations in their home country. 
 
EU- 
NAFTA- 
ASEAN- 
Mercosur- correct answers Europe 
North America 
Asia 
 South America 
 
Which of the...
IPE correct answers how government actions affect the state of the economy (also vice versa), processes that influence the choices that lead to government policies in social, economic, and political outcomes 
 
scarcity correct answers assumption in IPE that resources are fixed 
 
political surviv...
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Add to cartIPE correct answers how government actions affect the state of the economy (also vice versa), processes that influence the choices that lead to government policies in social, economic, and political outcomes 
 
scarcity correct answers assumption in IPE that resources are fixed 
 
political surviv...
Mercantilism correct answers Economic system of trading nations; belief that a nation's power was directly related to its wealth, Similar to realism, free trade increases vulnerability, focuses on relative power, interdependence and dependence can lead to conflict, trade protectionism. command eco...
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Add to cartMercantilism correct answers Economic system of trading nations; belief that a nation's power was directly related to its wealth, Similar to realism, free trade increases vulnerability, focuses on relative power, interdependence and dependence can lead to conflict, trade protectionism. command eco...
What is Robert Gilpin's definition of International Political Economy? correct answers examines relationship between politics (power) and economics (wealth) in the international system 
 
What is the importance of wealth and power for International Political Economy? correct answers distribution ...
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Add to cartWhat is Robert Gilpin's definition of International Political Economy? correct answers examines relationship between politics (power) and economics (wealth) in the international system 
 
What is the importance of wealth and power for International Political Economy? correct answers distribution ...
MNCs correct answers A company that has ownership and manages production facilities in two or more countries 
 
Locational Advantages correct answers Derive from specific country characteristics that provide the economic rationale for a firm's decision to internationalize its activities 
1. larg...
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Add to cartMNCs correct answers A company that has ownership and manages production facilities in two or more countries 
 
Locational Advantages correct answers Derive from specific country characteristics that provide the economic rationale for a firm's decision to internationalize its activities 
1. larg...
What are some policy failures in post-colonial Africa that inspired SAPs? correct answers 1. Irresponsible monetary/fiscal policy 
2. Poor physical infrastructure 
3. Failure to diversify exports 
 
What are some internal reasons for Africa's general policy failures? correct answers 1. Excessive ...
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Add to cartWhat are some policy failures in post-colonial Africa that inspired SAPs? correct answers 1. Irresponsible monetary/fiscal policy 
2. Poor physical infrastructure 
3. Failure to diversify exports 
 
What are some internal reasons for Africa's general policy failures? correct answers 1. Excessive ...
1st debate- War and Peace correct answers Early 1900's- war, liberalism/realism, IO's (International Organizations) emerge. What causes war? How do we keep peace instead of going to war? 
Liberals- We can all get along. 
Realism- War is inevitable. 
 
2nd debate- Scientific Method and finding abs...
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Add to cart1st debate- War and Peace correct answers Early 1900's- war, liberalism/realism, IO's (International Organizations) emerge. What causes war? How do we keep peace instead of going to war? 
Liberals- We can all get along. 
Realism- War is inevitable. 
 
2nd debate- Scientific Method and finding abs...
Rules correct answers Lower level of generality to principles and norms, and are designed to reconcile conflicts which may exist between the two. 
 
Norms correct answers Specify general standards of behavior and identify the rights and obligations of states. 
 
Institutions correct answers Persi...
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Add to cartRules correct answers Lower level of generality to principles and norms, and are designed to reconcile conflicts which may exist between the two. 
 
Norms correct answers Specify general standards of behavior and identify the rights and obligations of states. 
 
Institutions correct answers Persi...
1. Heckscher-Ohlin theory correct answers Comparative advantage results from factors of production. 
A state has a comparative advantage in producing goods that involve intensive use of the abundant factor of production 
 
2. Stolper-Samuelson theory correct answers Why some domestic groups are pr...
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Add to cart1. Heckscher-Ohlin theory correct answers Comparative advantage results from factors of production. 
A state has a comparative advantage in producing goods that involve intensive use of the abundant factor of production 
 
2. Stolper-Samuelson theory correct answers Why some domestic groups are pr...
From the neoliberal perspective of the authors of the magazine The Economist, the resurgence of nationalism is... correct answers c.) a return to mercantalism and isolationism from global rules and cosmopolitanism 
 
The Global Financial Crisis was can also be seen as a 'long-bubble' that began w...
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Add to cartFrom the neoliberal perspective of the authors of the magazine The Economist, the resurgence of nationalism is... correct answers c.) a return to mercantalism and isolationism from global rules and cosmopolitanism 
 
The Global Financial Crisis was can also be seen as a 'long-bubble' that began w...
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