Final Exam Questions and Answers A+
Guide ( latest Update 2024)
What is something that would not be consistent with the liberal
worldview? - correct answers✅✅governments should play a
leading role in directing economic development
What is an assumption of the economic nationalist perspective? -
correct answers✅✅governments should play a leading role in
directing economic development
what statements would be an accurate characterization of the
Economic Nationalist worldview? - correct answers✅✅-
Economic nationalists would favor more government intervention
in the economy, but they would not be in favor of eliminating the
capitalist system itself.
Economic nationalists would argue that the right kind of
government intervention can improve the economic situation for a
developing country - even within a capitalist context.
Economic Nationalists would argue that trade is a zero-sum game,
with winners and losers, and every country's government should
work to promote the overall national interests of that country
As explained in the video lectures, Hegemonic Stability Theory
would argue which of the following? - correct answers✅✅A
hegemon will keep its own currency stable and keep its own
markets open to trade with other nations, will also insist that the
other nations it trades with do the same
,Final Exam Questions and Answers A+
Guide ( latest Update 2024)
What is a true statement about the Structuralist perspective?
Correct! - correct answers✅✅Structuralists believe that in
capitalist economies, governments do what corporate business
interests want them to do
From the Hill & Hult Textbook Chapter 1, Uber's Global Strategy is
somewhat confrontational. The company just starts doing
business in a country, even if the local government's regulations
do not allow this, and then it gets riders to use social networks
such as Twitter to pressure the government to allow Uber to
operate in that country.
T/F? - correct answers✅✅true
As the term is used in this course, a "Liberal" would most likely
approve of a Walmart manager who saved money by encouraging
U.S. suppliers to move their production facilities to lower cost
locations in China.
t/f - correct answers✅✅true
Economic Nationalists in the United States would most likely not
approve of having U.S. healthcare provides outsource certain well-
defined tasks such as interpreting an MRI scan to foreign
providers in countries such as India, but a Liberal manager in a
U.S. health care provide might well approve of this practice as a
way to keep his or her costs down and keep the U.S. health care
provider profitable and competitive.
, Final Exam Questions and Answers A+
Guide ( latest Update 2024)
t/f - correct answers✅✅true
As mentioned in the mini-case on Boeing, there might be reasons
beyond reducing costs for a company like Boeing to outsource
manufacturing of aircraft to specific countries. In some cases,
Boeing might do this because the governments of those countries
are big customers and would be more likely to buy planes made in
that country.
t/f - correct answers✅✅true
One drawback of Uber's confrontational strategy in entering
foreign markets is that - correct answers✅✅It might allow
competitors to emerge that get along better with the local
government
The Balance of Payments measures the amount of money that
flows in and out of a country's economy.
The Current Account measures the flow of money that results
from trade (plus remittances - money sent in or out of the
country's economy).
The Capital Account measures the flow of money that results from
investment flows (the flows of both portfolio capital and foreign
direct investment, or FDI).
t/f - correct answers✅✅true
Guide ( latest Update 2024)
What is something that would not be consistent with the liberal
worldview? - correct answers✅✅governments should play a
leading role in directing economic development
What is an assumption of the economic nationalist perspective? -
correct answers✅✅governments should play a leading role in
directing economic development
what statements would be an accurate characterization of the
Economic Nationalist worldview? - correct answers✅✅-
Economic nationalists would favor more government intervention
in the economy, but they would not be in favor of eliminating the
capitalist system itself.
Economic nationalists would argue that the right kind of
government intervention can improve the economic situation for a
developing country - even within a capitalist context.
Economic Nationalists would argue that trade is a zero-sum game,
with winners and losers, and every country's government should
work to promote the overall national interests of that country
As explained in the video lectures, Hegemonic Stability Theory
would argue which of the following? - correct answers✅✅A
hegemon will keep its own currency stable and keep its own
markets open to trade with other nations, will also insist that the
other nations it trades with do the same
,Final Exam Questions and Answers A+
Guide ( latest Update 2024)
What is a true statement about the Structuralist perspective?
Correct! - correct answers✅✅Structuralists believe that in
capitalist economies, governments do what corporate business
interests want them to do
From the Hill & Hult Textbook Chapter 1, Uber's Global Strategy is
somewhat confrontational. The company just starts doing
business in a country, even if the local government's regulations
do not allow this, and then it gets riders to use social networks
such as Twitter to pressure the government to allow Uber to
operate in that country.
T/F? - correct answers✅✅true
As the term is used in this course, a "Liberal" would most likely
approve of a Walmart manager who saved money by encouraging
U.S. suppliers to move their production facilities to lower cost
locations in China.
t/f - correct answers✅✅true
Economic Nationalists in the United States would most likely not
approve of having U.S. healthcare provides outsource certain well-
defined tasks such as interpreting an MRI scan to foreign
providers in countries such as India, but a Liberal manager in a
U.S. health care provide might well approve of this practice as a
way to keep his or her costs down and keep the U.S. health care
provider profitable and competitive.
, Final Exam Questions and Answers A+
Guide ( latest Update 2024)
t/f - correct answers✅✅true
As mentioned in the mini-case on Boeing, there might be reasons
beyond reducing costs for a company like Boeing to outsource
manufacturing of aircraft to specific countries. In some cases,
Boeing might do this because the governments of those countries
are big customers and would be more likely to buy planes made in
that country.
t/f - correct answers✅✅true
One drawback of Uber's confrontational strategy in entering
foreign markets is that - correct answers✅✅It might allow
competitors to emerge that get along better with the local
government
The Balance of Payments measures the amount of money that
flows in and out of a country's economy.
The Current Account measures the flow of money that results
from trade (plus remittances - money sent in or out of the
country's economy).
The Capital Account measures the flow of money that results from
investment flows (the flows of both portfolio capital and foreign
direct investment, or FDI).
t/f - correct answers✅✅true
