Chapter 07 Check My Learning Quiz

International Political Economy and Development

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The United States spent about _______ in aid for the Marshall Plan.

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The United States assumed a the major global financial role in the _____.

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What is the size of the GDP of the United States in U.S. dollars?

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Historically, a state's financial resources consisted of

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National currencies can be converted into other currencies at the

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John Maynard Keynes is the father of

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Economic liberalism first became prominent in the

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Who was an early proponent of economic liberalism?

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Along with Margaret Thatcher, President _________ is closely associated with promoting liberal economic principles.

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The World Bank and International Monetary Fund were created in

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GATT stands for

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The 1947 GATT was the immediate precursor to which organization?

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How many members does the WTO have?

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Which state was first subsidized by the Soviet Union and then Venezuela?

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The most recent major recession began in ____ and ended in ____.

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How many people in the world live on less than $1.90 per day?

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Which country had the world's second-largest economy in 2010?

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International political economy (IPE) can be defined as

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What is the difference between the value of exports and imports?

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Which of the following is NOT a mercantilist principle?

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Mercantilism is MOST often associated with

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Protectionism is

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Which of the following is NOT a protectionist measure?

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Which approach to IPE sees the MOST positive role for free trade?

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_____ believe that the Marshall Plan promoted beliefs in free markets in Europe.

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Which approach to IPE focuses on the role of social identities and norms?

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Places perceived as _____, as a rule, ____ international investors.

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Which approach to IPE is MOST concerned with the role and impact of economic inequality?

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__________ is strongly associated with promoting free trade, whereas ____________ looks at how free trade can lead to economic inequality.

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Which of the following countries exemplified the failure of Marxist economic policies?

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After 2006, the Iranian president, Mahmoud Ahmadinejad, openly pushed the development of

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After the terrorist attacks of September 11, 2001,

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In _____ a mortgage crisis began in ___________.

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