Test Bank for Cohn and Hira:
Global Political Economy: Theory and
Practice, 9th Edition
1
,How To Use This Test Bank
This test bank includes four sets of assessments for Chapters 1-11 of Global Political Economy,
9th edition. Each chapter section has Multiple Choice, True-False, and Fill-in-the-Blank questions
with answers, as well as Essay Questions with reference to relevant portions of the chapter. You
may use the Navigation Pane and headings to move through the document.
Contents
How to use this test bank .............................................................................................................. 2
Chapter 1: Introduction ................................................................................................................ 4
Multiple Choice ........................................................................................................................ 4
True-False................................................................................................................................ 5
Fill in the Blank ......................................................................................................................... 5
Essays ..................................................................................................................................... 6
Chapter 2: Managing the Global Economy since World War II: The Institutional Framework ............. 7
Multiple-Choice ....................................................................................................................... 7
True-False...............................................................................................................................10
Fill in the Blank ........................................................................................................................11
Essays ....................................................................................................................................11
Chapter 3: Realism and Neomercantilism ....................................................................................13
Multiple-Choice ......................................................................................................................13
True-False...............................................................................................................................16
Fill in the Blank ........................................................................................................................16
Essays ....................................................................................................................................17
Chapter 4: Liberalism ..................................................................................................................19
Multiple Choice .......................................................................................................................19
True-False...............................................................................................................................22
Fill in the Blank ........................................................................................................................23
Essay ......................................................................................................................................24
Chapter 5: Critical Perspectives ...................................................................................................26
Multiple-Choice ......................................................................................................................26
True-False...............................................................................................................................29
Fill in the Blank ........................................................................................................................30
Essay ......................................................................................................................................31
Chapter 6: International Monetary Relations .................................................................................33
Multiple-Choice ......................................................................................................................33
True-False...............................................................................................................................35
Fill in the Blank ........................................................................................................................36
Essay ......................................................................................................................................37
Chapter 7: Financial Crises ..........................................................................................................39
Multiple-Choice ......................................................................................................................39
True-False...............................................................................................................................42
Fill in the Blank ........................................................................................................................42
Essay ......................................................................................................................................43
Chapter 8: Global Trade Relations ................................................................................................45
Multiple-Choice ......................................................................................................................45
True-False...............................................................................................................................48
Fill in the Blank ........................................................................................................................49
Essay ......................................................................................................................................50
Chapter 9: Preferential Trade Agreements and the Global Trade Regime ........................................52
Multiple-Choice ......................................................................................................................52
True-False...............................................................................................................................55
2
, Fill in the Blank ........................................................................................................................56
Essay ......................................................................................................................................57
Chapter 10: Multinational Corporations and Global Production .....................................................58
Multiple-Choice ......................................................................................................................58
True-False...............................................................................................................................59
Fill in the Blank ........................................................................................................................60
Essay ......................................................................................................................................61
Chapter 11: International Development ........................................................................................63
Multiple-Choice ......................................................................................................................63
True-False...............................................................................................................................66
Fill in the Blank ........................................................................................................................67
Essay ......................................................................................................................................67
3
, Chapter 1: Introduction
Multiple Choice
1. “Market Failure” refers to what set of circumstances?
a) Where the market fails to provide social welfare benefits.
b) Where the market tanks due to speculation.
c) Where political decisions cause markets to fail.
d) Where the market fails to provide an optimal allocation of resources.
Answer: c
2. Theorists who emphasize the fact that international relations is a “self-help” system are
most often
a) historical materialists.
b) liberals.
c) Keynesians.
d) neomercantilists.
Answer: d
3. Globalization…
a) has caused the state to be superseded as the principle actor in IR.
b) declined in the period between World Wars I and II.
c) is a uniform process throughout the world.
d) is a relatively new phenomenon.
Answer: b
4. Populism generally refers to
a) the rise in popularity of a political leader
b) the sycophantic behavior of a political leader’s advisors
c) the rise of a charismatic leader who promises to address grievances
d) the takeover of a political party by a singular leader
Answer: c
5. The total value of goods and services produced by domestically owned factors of
production in a given year is the
a) gross national product.
b) gross domestic product.
c) gross domestic income.
d) gross national income.
4
Global Political Economy: Theory and
Practice, 9th Edition
1
,How To Use This Test Bank
This test bank includes four sets of assessments for Chapters 1-11 of Global Political Economy,
9th edition. Each chapter section has Multiple Choice, True-False, and Fill-in-the-Blank questions
with answers, as well as Essay Questions with reference to relevant portions of the chapter. You
may use the Navigation Pane and headings to move through the document.
Contents
How to use this test bank .............................................................................................................. 2
Chapter 1: Introduction ................................................................................................................ 4
Multiple Choice ........................................................................................................................ 4
True-False................................................................................................................................ 5
Fill in the Blank ......................................................................................................................... 5
Essays ..................................................................................................................................... 6
Chapter 2: Managing the Global Economy since World War II: The Institutional Framework ............. 7
Multiple-Choice ....................................................................................................................... 7
True-False...............................................................................................................................10
Fill in the Blank ........................................................................................................................11
Essays ....................................................................................................................................11
Chapter 3: Realism and Neomercantilism ....................................................................................13
Multiple-Choice ......................................................................................................................13
True-False...............................................................................................................................16
Fill in the Blank ........................................................................................................................16
Essays ....................................................................................................................................17
Chapter 4: Liberalism ..................................................................................................................19
Multiple Choice .......................................................................................................................19
True-False...............................................................................................................................22
Fill in the Blank ........................................................................................................................23
Essay ......................................................................................................................................24
Chapter 5: Critical Perspectives ...................................................................................................26
Multiple-Choice ......................................................................................................................26
True-False...............................................................................................................................29
Fill in the Blank ........................................................................................................................30
Essay ......................................................................................................................................31
Chapter 6: International Monetary Relations .................................................................................33
Multiple-Choice ......................................................................................................................33
True-False...............................................................................................................................35
Fill in the Blank ........................................................................................................................36
Essay ......................................................................................................................................37
Chapter 7: Financial Crises ..........................................................................................................39
Multiple-Choice ......................................................................................................................39
True-False...............................................................................................................................42
Fill in the Blank ........................................................................................................................42
Essay ......................................................................................................................................43
Chapter 8: Global Trade Relations ................................................................................................45
Multiple-Choice ......................................................................................................................45
True-False...............................................................................................................................48
Fill in the Blank ........................................................................................................................49
Essay ......................................................................................................................................50
Chapter 9: Preferential Trade Agreements and the Global Trade Regime ........................................52
Multiple-Choice ......................................................................................................................52
True-False...............................................................................................................................55
2
, Fill in the Blank ........................................................................................................................56
Essay ......................................................................................................................................57
Chapter 10: Multinational Corporations and Global Production .....................................................58
Multiple-Choice ......................................................................................................................58
True-False...............................................................................................................................59
Fill in the Blank ........................................................................................................................60
Essay ......................................................................................................................................61
Chapter 11: International Development ........................................................................................63
Multiple-Choice ......................................................................................................................63
True-False...............................................................................................................................66
Fill in the Blank ........................................................................................................................67
Essay ......................................................................................................................................67
3
, Chapter 1: Introduction
Multiple Choice
1. “Market Failure” refers to what set of circumstances?
a) Where the market fails to provide social welfare benefits.
b) Where the market tanks due to speculation.
c) Where political decisions cause markets to fail.
d) Where the market fails to provide an optimal allocation of resources.
Answer: c
2. Theorists who emphasize the fact that international relations is a “self-help” system are
most often
a) historical materialists.
b) liberals.
c) Keynesians.
d) neomercantilists.
Answer: d
3. Globalization…
a) has caused the state to be superseded as the principle actor in IR.
b) declined in the period between World Wars I and II.
c) is a uniform process throughout the world.
d) is a relatively new phenomenon.
Answer: b
4. Populism generally refers to
a) the rise in popularity of a political leader
b) the sycophantic behavior of a political leader’s advisors
c) the rise of a charismatic leader who promises to address grievances
d) the takeover of a political party by a singular leader
Answer: c
5. The total value of goods and services produced by domestically owned factors of
production in a given year is the
a) gross national product.
b) gross domestic product.
c) gross domestic income.
d) gross national income.
4
