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International Political Economy exam with correct answers 2024 £11.05   Add to cart

Exam (elaborations)

International Political Economy exam with correct answers 2024

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  • Module
  • International Political Economy
  • Institution
  • International Political Economy

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 Internationa...

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  • September 8, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • International Political Economy
  • International Political Economy
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International Political Economy

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 Political Economy studies: correct answers How political factors affect
economic outcomes and how economic factors influence political consequences at
domestic, regional and international levels

The study of global economy does not usually include the study of: correct answers
Scientific development

The Mercantilist School studies... correct answers Believes that government should
encourage exports whenever possible

The Marxist school primarily does NOT believe that... correct answers Capitalism is
associated with the inevitable growth rate of profit

The central propositions of marxism do NOT include: correct answers Capitalism is
characterized by the price liberalization

The idea that the purpose of economic activity was to enrich individuals, not to enhance
a state power was most strongly held by the: correct answers Liberalism school of
International Political Economy

The central propositions of the liberalism do NOT include: correct answers Countries
do enrich themselves by running trade surplus

Karl Marx and Immanuel Wallerstein is founder school of: correct answers World
Systems Theory

The three different schools generate three very different images of the central dynamic
of IPE. Which of the following is true? correct answers Marxist argues that İPE
characterezied by the distrubutional conflict between clasess within countries

According to Bretton Woods agreement, the price of gold is fixed __________per troy
ounce; correct answers $35

, According to Bretton Woods agreement, the changes in currency rates are: correct
answers Allowed through revaluations or devaluations

In 1944, the United Nations Monetary and Financial Conference in Bretton Woods
which organization have been created? correct answers International Bank for
Reconstruction and Development (IBRD) and International Monetary Fund (IMF)

Which statement is true about a societycentered approach: correct answers a
government's trade policy objectives are shaped by politician's responses to interest
groups demands

Standard models of trade policy preference include: correct answers The Sector Model

A collective action problem that shapes the ability of groups with common interests to
organize in order to lobby the government on behalf of their desired policies. Is it?
correct answers True

Which statement about factor model is true? correct answers trade politics are driven
by competition between labor and capital, between workers and capitalists

Which statement about sector model is true? correct answers trade politics are driven
by competition between industries

How mobile are factors of production? correct answers they're perfectly mobile across
sectors of the economy

Who wins from international trade in the factor model? correct answers abundant factor
- capital in the advanced industrialized countries

Most significant weaknesses of society-centered approach: correct answers it does not
try to explain trade policy outcomes

A society-centered approach suggests that we should look at the political influence of
the industries concerned. Is it? correct answers true

Proportional representation (PR) electoral systems employ: correct answers multi-
member districts to distribute legislative representation in proportion to the share of the
popular vote each party attracts

Which approach argues that national policymakers intervene in the economy in pursuit
of objectives that are determined independently from domestic interest groups' narrow
self-interested concerns. correct answers state centered approach

Which approach argues that trade protection can raise social welfare? correct answers
state centered approach

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