Intro to Global Politics, Chapter 8 Exam
Chapter 8 – Test #3
GLOBAL ECONOMICS AND TRADE Test Questions Multiple-Choice Questions 1) What was the Bretton Woods system designed to prevent? a. the expansion of the gold to dollar standard b. another Great Depression c. the sale of complex financial instruments called “derivatives” d. speculation in the markets for both gold and silver 2) In what year did the Bretton Woods system break down? a. 1971 b. 1980 c. 1995 d. 1966 3) The __________ tradition of IPE focuses on the ability of institutions to foster trade on the open global market. a. Marxist b. constructivist c. mercantilist d. liberal
4) The __________ tradition of IPE focuses on the ability of states to be economically independent, a condition often called “autarchy.” a. Marxist b. constructivist c. mercantilist d. liberal 5) Many __________ believe that governments and states are losing their capacity to control economic interactions. a. constructivists b. globalists c. autarchists d. developmentalists
6) What international institution was not part of the Bretton Woods system at its creation? a. the International Monetary Fund (IMF) b. the IBRD c. the GATT d. the United Nations
Chapter 8 – Test #3
7) What was the name of the US-led and funded plan for reconstructing postwar Europe? a. the Truman Doctrine b. the Marshall Plan c. the Bretton Woods system d. the Structural Adjustment Plan 8) In 1995 the GATT became a. the G-8. b. the New International Economic Order (NIEO). c. the World Trade Organization (WTO). d. the International Trade Court. 9) The measures imposed on developing and indebted countries to reduce inflation, restrain government expenditure, and increase trade liberalization and privatization are called a. structural adjustment programs. b. deregulation. c. the Marshall Plan. d. the Washington Consensus. 10) The broadly adopted neoliberal approach that advocates the rollback of the state, leaving decisions about allocation, production, and distribution to the market, came
GLOBAL ECONOMICS AND TRADE Test Questions Multiple-Choice Questions 1) What was the Bretton Woods system designed to prevent? a. the expansion of the gold to dollar standard b. another Great Depression c. the sale of complex financial instruments called “derivatives” d. speculation in the markets for both gold and silver 2) In what year did the Bretton Woods system break down? a. 1971 b. 1980 c. 1995 d. 1966 3) The __________ tradition of IPE focuses on the ability of institutions to foster trade on the open global market. a. Marxist b. constructivist c. mercantilist d. liberal
4) The __________ tradition of IPE focuses on the ability of states to be economically independent, a condition often called “autarchy.” a. Marxist b. constructivist c. mercantilist d. liberal 5) Many __________ believe that governments and states are losing their capacity to control economic interactions. a. constructivists b. globalists c. autarchists d. developmentalists
6) What international institution was not part of the Bretton Woods system at its creation? a. the International Monetary Fund (IMF) b. the IBRD c. the GATT d. the United Nations
Chapter 8 – Test #3
7) What was the name of the US-led and funded plan for reconstructing postwar Europe? a. the Truman Doctrine b. the Marshall Plan c. the Bretton Woods system d. the Structural Adjustment Plan 8) In 1995 the GATT became a. the G-8. b. the New International Economic Order (NIEO). c. the World Trade Organization (WTO). d. the International Trade Court. 9) The measures imposed on developing and indebted countries to reduce inflation, restrain government expenditure, and increase trade liberalization and privatization are called a. structural adjustment programs. b. deregulation. c. the Marshall Plan. d. the Washington Consensus. 10) The broadly adopted neoliberal approach that advocates the rollback of the state, leaving decisions about allocation, production, and distribution to the market, came