Exam (elaborations)
UNC PLCY 110 FINAL TEST WITH THE CORRECT ANSWERS.
UNC PLCY 110 FINAL TEST WITH THE CORRECT ANSWERS.
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UNC PLCY 110 FINAL TEST WITH THE
CORRECT ANSWERS
gains nfrom ntrade n- n ncorrect nanswer- nEach ncountry ncan nconcentrate nits nefforts
non nwhat nit ndoes nbest n(specialize) nand ntrade nsome nof nthose ngoods nfor ngoods
nthat nother ncountries nproduce nmost nefficiently
Protectionism n- n ncorrect nanswer- nGovernment npolicy nof nrestricting nimports nto
n"protect" ndomestic nindustries nfrom nforeign ncompetition
race nto nthe nbottom n- n ncorrect nanswer- na ndynamic nin nwhich nstates ncompete nto
nattract nbusiness nby nlowering ntaxes nand nregulations, noften nto nworkers'
ndetriment
S-shaped ncurve n- n ncorrect nanswer- nshows nincome nin nthe nfuture nas nopposed nto
nincome ntoday nand nshows nat nwhat npoint npeople nget nstuck nin na npoverty ntrap
time ninconsistency n- n ncorrect nanswer- ntendency nto nsystematically nmisjudge nat
nthe npresent ntime nwhat nyou nwill nwant nto ndo nat nsome nfuture ntime
public ngoods n- n ncorrect nanswer- nGoods nthat nare nneither nexcludable nnor nrival nin
nconsumption
free nriders n- n ncorrect nanswer- npeople nwho nbenefit nfrom nthe ngroup nbut ngive
nlittle nin nreturn
Externalities n- n ncorrect nanswer- neconomic nside neffects nor nby-products nthat
naffect nan nuninvolved nthird nparty; ncan nbe nnegative nor npositive
institutions n- n ncorrect nanswer- na nmechanism nof nsocial norder ngoverning nthe
nbehavior nof nindividuals nwithin na ncommunity
, moral nhazard n- n ncorrect nanswer- nArises nwhen npeople nbehave nrecklessly
nbecause nthey nknow nthey nwill nbe nsaved nif nthings ngo nwrong
Adverse nSelection n- n ncorrect nanswer- nthe nsituation nin nwhich none nparty nto na
ntransaction ntakes nadvantage nof nknowing nmore nthan nthe nother nparty nto nthe
ntransaction
fraud n- n ncorrect nanswer- nA ndeliberate ndeception nintended nto nsecure nan nunfair
nor nunlawful ngain
cash ntransfers n- n ncorrect nanswer- ndirect npayments nof nmoney nto neligible npoor
npeople
migrant n- n ncorrect nanswer- ntraveler nwho nmoves nfrom none nregion nor ncountry nto
nanother
refugee n- n ncorrect nanswer- nA nperson nwho nhas nbeen nforced nto nleave ntheir
ncountry nin norder nto nescape nwar, npersecution, nor nnatural ndisaster
asylum nseeker n- n ncorrect nanswer- nSomeone nwho nhas nmigrated nto nanother
ncountry nin nthe nhope nof nbeing nrecognized nas na nrefugee
internally ndisplaced n- n ncorrect nanswer- nsomeone nwho nis nforced nto nleave nhis nor
nher nhome nand ncommunity nbut nwho nremains nin nthe nsame ncountry
proscriptive n- n ncorrect nanswer- nforbidding nor nrestricting nsomething
prescriptive n- n ncorrect nanswer- nof nor nrelating nto nthe nimposition nor nenforcement
nof na nrule nor nmethod
civil nrights n- n ncorrect nanswer- nthe nrights nof ncitizens nto npolitical nand nsocial
nfreedom nand nequality.
welfare nrights n- n ncorrect nanswer- nright nto nreceive nbasic ngoods- neducation,
nhealth ncare, nprotection
Universalism n- n ncorrect nanswer- nEveryone nentitled nto ncertain nrights nwithout
ndistinctions nbased non nrace, nsex, nlanguage, nreligion, npolitical nopinion,
nnationality, nor nother nstatus. nAll ngovernments ncan nbe nexpected nto nguarantee
nthese nrights nfor nall nthe npeople nthat nlive nunder ntheir njurisdiction.
Relativism n- n ncorrect nanswer- n: nHuman nvalues nvary naccording nto ncultural
nperspectives nand nthe napplication nor npromotion nof nrights nwill nvary nby ncountry
nor nregion. nGovernments nshould nbe nfree nto nchoose nwhich nrights nto nprovide.
CEDAW n- n ncorrect nanswer- nNeither ntraditional, nreligious nor ncultural npractice nnor
nincompatible ndomestic nlaws nand npolicies ncan njustify nviolations nof nthe
nConvention