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Davis D270 Final Questions and Correct
Answers/ Latest Update / Already
Graded
1) The recent global economic crisis has led to which of the
following?
A) governments seeking to impose more constraints on capitalism
B) governments seeking to eliminate constraints on capitalism
C) governments seeking to increase the interdependence of
developing economies
D) governments seeking to eliminate the interdependence of
developing economies
Ans: A) governments seeking to impose more constraints on capitalism
2) Which of the following is most likely a true statement about the
global economy since the 1980s?
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A) Socialist governments are intervening more in global exchanges.
B) Wealthy countries are exercising total control over emerging
markets.
C) Developing countries are losing growing shares of their foreign-
exchange reserves.
D) Emerging economies are adopting the principles and practices of
free markets.
Ans: D) Emerging economies are adopting the principles and practices of
free markets.
3) Kyle, an international manager for Apex Industries, has been given
the task of analyzing the economies of three different emerging
countries for the firm's potential expansion. Which of the following
questions is LEAST relevant to Kyle's assignment?
A) How much freedom will Apex have to run its foreign operations?
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B) What are the current economic policies related to development?
C) What is the likelihood that Apex can fill manufacturing positions
with locals?
D) What factors in the country drive or hinder economic change?
Ans: C) What is the likelihood that Apex can fill manufacturing positions
with locals?
4) Managers at Morrison Manufacturing are considering expanding
the firm's production overseas and want to ensure that the firm is
located in a country with a high degree of economic freedom.
Presently, which of the following locations would most likely offer
Morrison the highest economic freedom?
A) Mexico
B) Hong Kong
C) Venezuela
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D) North Korea
Ans: B) Hong Kong
5) Since the late 1980s, the growing emergence of freer markets has
been powered by the realization that ________.
A) economic growth is directly related to economic freedom
B) economic growth has a limited effect on the standard of living
C) adoption of free market principles contributes to social injustices
D) centrally planned economies are best designed to deliver
progress
Ans: A) economic growth is directly related to economic freedom
6) The Economic Freedom Index indicates that economic freedom is
positively correlated with all of the following EXCEPT ________.
Davis D270 Final Questions and Correct
Answers/ Latest Update / Already
Graded
1) The recent global economic crisis has led to which of the
following?
A) governments seeking to impose more constraints on capitalism
B) governments seeking to eliminate constraints on capitalism
C) governments seeking to increase the interdependence of
developing economies
D) governments seeking to eliminate the interdependence of
developing economies
Ans: A) governments seeking to impose more constraints on capitalism
2) Which of the following is most likely a true statement about the
global economy since the 1980s?
,2 | Page
A) Socialist governments are intervening more in global exchanges.
B) Wealthy countries are exercising total control over emerging
markets.
C) Developing countries are losing growing shares of their foreign-
exchange reserves.
D) Emerging economies are adopting the principles and practices of
free markets.
Ans: D) Emerging economies are adopting the principles and practices of
free markets.
3) Kyle, an international manager for Apex Industries, has been given
the task of analyzing the economies of three different emerging
countries for the firm's potential expansion. Which of the following
questions is LEAST relevant to Kyle's assignment?
A) How much freedom will Apex have to run its foreign operations?
,3 | Page
B) What are the current economic policies related to development?
C) What is the likelihood that Apex can fill manufacturing positions
with locals?
D) What factors in the country drive or hinder economic change?
Ans: C) What is the likelihood that Apex can fill manufacturing positions
with locals?
4) Managers at Morrison Manufacturing are considering expanding
the firm's production overseas and want to ensure that the firm is
located in a country with a high degree of economic freedom.
Presently, which of the following locations would most likely offer
Morrison the highest economic freedom?
A) Mexico
B) Hong Kong
C) Venezuela
, 4 | Page
D) North Korea
Ans: B) Hong Kong
5) Since the late 1980s, the growing emergence of freer markets has
been powered by the realization that ________.
A) economic growth is directly related to economic freedom
B) economic growth has a limited effect on the standard of living
C) adoption of free market principles contributes to social injustices
D) centrally planned economies are best designed to deliver
progress
Ans: A) economic growth is directly related to economic freedom
6) The Economic Freedom Index indicates that economic freedom is
positively correlated with all of the following EXCEPT ________.
