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POS 486 International Political Economy | 100+ Midterm Exam Questions & Answers | Globalization, Trade, Feminism, Marxism | 2025/2026

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This document offers over 100 expertly answered midterm exam questions for POS 486 – International Political Economy, tailored for the 2025/2026 academic year. The material comprehensively covers foundational and advanced concepts in global political economy, incorporating both classical theories and contemporary critiques. Core themes include globalization trends, economic nationalism, trade theories (comparative and absolute advantage), Bretton Woods, IMF, GATT/WTO, currency regimes, neoliberalism, feminist perspectives, constructivism, and Marxist structuralism. Special attention is given to critical race theory, postcolonial critiques, gender and power, and the evolution of capitalism, making the content especially useful for analytical and essay-based assessments. The document uses clear, accurate question-and-answer formatting—with true/false, multiple-choice, fill-in-the-blank, and short-answer styles—to promote deeper understanding and exam readiness. This resource is ideal for: Political Science, International Relations, and Economics students Learners in courses such as Global Political Economy, Global Governance, Public Policy, Development Studies, and Comparative Politics Undergraduate or graduate students preparing for midterms, essay-based finals, or research coursework Those seeking interdisciplinary insight across sociology, political theory, gender studies, and international trade Keywords: globalization, political economy, Bretton Woods, IMF, trade theory, WTO, GATT, neorealism, liberalism, Marxism, feminism, constructivism, economic nationalism, global trade, neoliberalism, comparative advantage, structuralism, regulatory capture, SDRs, public goods, norm emergence, hegemony, race and capitalism

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October 19, 2025
Number of pages
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2025/2026
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POS 486 Midterm Review 2025/2026
Exam Questions and Answers | A+ Score
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One of these is not a feature of the contemporary "global economy": - 🧠

ANSWER ✔✔All significant non-tariff barriers to trade have been

eliminated, and distance, history and culture no longer influence patterns of

trade

One of these statements is a contradiction in globalization today: - 🧠

ANSWER ✔✔the context of rising nationalism and populism


The (problematic) "Hyperglobalization Thesis" predicts a simple

convergence on a liberal model of capitalism and assumes all of the

following except: - 🧠 ANSWER ✔✔Markets for goods and services are far

from being integrated globally; as such, national economies have continued

to reflect non-competitive populist demands

,The "varieties of capitalism" approach to comparative capitalism predicts a

complex or dual convergence on either a liberal market model or a

coordinated market model. - 🧠 ANSWER ✔✔True


The central theme in the claim that globalization has rendered the state

vulnerable is that the principles of legitimacy, sovereignty and duty and/or

obligations of states today confront forces of change that are undermining

sovereignty, namely - 🧠 ANSWER ✔✔All of the Above


a. the new global and transnational issues and multiple actors required to

govern these issues

b. the inability of the state to solve domestic and foreign policy problems on

its own

c. the technology revolutions in transport, finance, and transportation.

One of these is not a realist/neorealist critique of the "sovereignty at bay"

argument that suggests that the processes of globalization are eroding the

autonomy, capacity and sovereignty of the state: - 🧠 ANSWER

✔✔Economic globalization, regional integration, and increasing transborder

flows have actually strengthened state power because each of these

processes requires a strong or capable state

, The "tragedy of the commons" is, effectively, a modern-day morality tale

indicative of a more general disparity between the need for and supply of

effective institutions and mechanisms of global governance. - 🧠 ANSWER

✔✔True


Intra-regional trade accounts for an ever-growing share of global economic

activity today than ever before. - 🧠 ANSWER ✔✔True


One of these does not fit the anti-globalization argument that globalization

leads to the exploitation of foreign impoverished workers: - 🧠 ANSWER

✔✔lax labor laws enable workers to exercise option to leave low-paying

jobs

Recent worldwide protests against police racism and brutality and the

toppling of statues commemorating white supremacists have little

relevance to the International Relations (IR) discipline because IR is a

value-free science and its founding and evolution over the years have been

neutral about the historical legacy of systemic racism and the enduring

inequalities it has created. - 🧠 ANSWER ✔✔False




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