APC2602
EXAM PACK
Recent exam questions and answers
Summarised study notes
Exam tips and guidelines
DISCLAIMER & TERMS OF USE
1. Educational Aid: These study notes are designed to serve as educational aids and should not be considered as a
substitute for individual research, critical thinking, or professional guidance. Students are encouraged to
conduct their own extensive research and consult with their instructors or academic advisors for specific
assignment requirements.
2. Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the
information provided in these study notes, the seller cannot guarantee the completeness or correctness of all
the content. It is the responsibility of the buyer to verify the accuracy of the information and use their own
judgment when applying it to their assignments.
3. Academic Integrity: It is crucial for students to uphold academic integrity and adhere to their institution's
policies and guidelines regarding plagiarism, citation, and referencing. These study notes should be used as a
tool for learning and inspiration, but any direct reproduction of the content without proper acknowledgment and
citation may constitute academic misconduct.
4. Limited Liability: The seller of these study notes shall not be held liable for any direct or indirect damages,
losses, or consequences arising from the use of the notes. This includes, but is not limited to, poor grades,
academic penalties, or any other negative outcomes resulting from the application or misuse of the information
provided.
, CONFIDENTAL
Page 2 of 11 APC2602
May/June 2020
Answer ALL questions.
QUESTION 1
The word ‘governance’ refers to:
1. The role of colonial rulers in independent Africa
2. A constitution
3. An institution
4. The multiple factors at work on the African political scene
5. The conscious management of regime structures with a view to enhancing the
legitimacy of the public realm
QUESTION 2
Africa’s integration into the international economy occurred through:
1. The World Bank
2. Trade with the UK
3. The establishment over time of various economic linkages (Pg.34)
4. Post-independence leader
5. The IMF
QUESTION 3
The colonial political economy was characterised by:
1. Heavy investment in education
2. Product diversification
3. Financing from outside sources
4. Strong European presences on the ground (Pg.27)
5. Complementarity
QUESTION 4
Which factor contributed to Africa’s downward economic spiral?
1. A slow population growth rate
2. An artificial state
3. Even development
4. The G8 (Not sure)
5. Sufficient time to institutionalise colonial structure
QUESTION 5
According to Ake, African economies were dependent on the metropolitan economies
through their:
1. Diplomatic representatives,
2. Multilateral organisations,
3. Farming community,
4. Industrial base, or
5. Trade dependence. (Pg.38)
[TURN OVER]
, CONFIDENTAL
Page 3 of 11 APC2602
May/June 2020
QUESTION 6
Africa’s debt is characterised by:
1. The denial of loans by the IMF and World Bank,
2. A gradual decline during the 1980s,
3. Money owed only to governments, (Not Sure)
4. The steady growth in debt during the 1980s and early 1990s, or
5. The writing off of debt by syndicates.
QUESTION 7
The implementation of SAPs is constrained by:
1. The World Bank,
2. The Chinese government,
3. Strong support of influential groups,
4. The IMF, or
5. Lack of commitment by African political leaders. (Pg.46)
QUESTION 8
According to Professor T. Shaw which decade is considered as the “lost decade” for
Africa’s political economy?
1. 1940s
2. 1950s
3. 1980s
4. 1990s
QUESTION 9
In exchange of slaves, African traders received imported goods such as____
1. Shoes, leather and cellphones
2. Books, money and guns
3. Money, paper and ink
4. Cloth, guns, ammunition, utensils, and tools (Pg.35)
QUESTION 10
Which of the following options is an example of colonial linkages?
1. The transformation of subsistence goods into commodities (items of trade),
2. Backward linkages, including the development of markets for the means of markets for
the means of production (manufacturers),
3. Forward linkages,
4. Fiscal linkages (public revenue), or
5. All of the above.(Pg.35)
[TURN OVER]
, CONFIDENTAL
Page 4 of 11 APC2602
May/June 2020
QUESTION 11
Which subsistence good was transformed into a commodity in Ghana?
1. Coal
2. Cooper
3. Cocoa (Pg.35)
4. Sugar cane
QUESTION 12
According to Ake’s perspective a disarticulated economy is one whose parts or
sectors are complementary.
1. True
2. False
QUESTION 13
Ake discusses four areas in which African economies were dependent on metropolitan
economies. Which of these areas stated below is NOT one of the methods of
dependence?
1. Dependence of the monetary system
2. Trade dependence
3. Cultural and economic dependence
4. Technological dependence (Not Sure)
QUESTION 14
Choose the correct option. Which of the following options is not an example of a fiscal
linkage?
1. Directly (through export duties),
2. Corruption, (Pg.37)
3. Indirectly (through import and excise duties levied on commodities consumed by export
producers – these are duties charged on goods during manufacture),
4. Through railway tariff-rate policy, through the operations of marketing boards (duties
payable on imports and exports), or
5. Through poll taxes (taxes on individuals) levied on substantial proportions of the adult
population.
QUESTION 15
According to the IMF, who is eligible for the MDRI?
1. Countries which earn less than $380 per capita
2. Show satisfactory progress that countries are paying off their debts
3. Have satisfactory performance in macroeconomic policies, implement a poverty
reduction strategy, and have public expenditure management
4. Option 1 and 2
5. Option 1, 2 and 3 (No Source) [TURN OVER]
EXAM PACK
Recent exam questions and answers
Summarised study notes
Exam tips and guidelines
DISCLAIMER & TERMS OF USE
1. Educational Aid: These study notes are designed to serve as educational aids and should not be considered as a
substitute for individual research, critical thinking, or professional guidance. Students are encouraged to
conduct their own extensive research and consult with their instructors or academic advisors for specific
assignment requirements.
2. Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the
information provided in these study notes, the seller cannot guarantee the completeness or correctness of all
the content. It is the responsibility of the buyer to verify the accuracy of the information and use their own
judgment when applying it to their assignments.
3. Academic Integrity: It is crucial for students to uphold academic integrity and adhere to their institution's
policies and guidelines regarding plagiarism, citation, and referencing. These study notes should be used as a
tool for learning and inspiration, but any direct reproduction of the content without proper acknowledgment and
citation may constitute academic misconduct.
4. Limited Liability: The seller of these study notes shall not be held liable for any direct or indirect damages,
losses, or consequences arising from the use of the notes. This includes, but is not limited to, poor grades,
academic penalties, or any other negative outcomes resulting from the application or misuse of the information
provided.
, CONFIDENTAL
Page 2 of 11 APC2602
May/June 2020
Answer ALL questions.
QUESTION 1
The word ‘governance’ refers to:
1. The role of colonial rulers in independent Africa
2. A constitution
3. An institution
4. The multiple factors at work on the African political scene
5. The conscious management of regime structures with a view to enhancing the
legitimacy of the public realm
QUESTION 2
Africa’s integration into the international economy occurred through:
1. The World Bank
2. Trade with the UK
3. The establishment over time of various economic linkages (Pg.34)
4. Post-independence leader
5. The IMF
QUESTION 3
The colonial political economy was characterised by:
1. Heavy investment in education
2. Product diversification
3. Financing from outside sources
4. Strong European presences on the ground (Pg.27)
5. Complementarity
QUESTION 4
Which factor contributed to Africa’s downward economic spiral?
1. A slow population growth rate
2. An artificial state
3. Even development
4. The G8 (Not sure)
5. Sufficient time to institutionalise colonial structure
QUESTION 5
According to Ake, African economies were dependent on the metropolitan economies
through their:
1. Diplomatic representatives,
2. Multilateral organisations,
3. Farming community,
4. Industrial base, or
5. Trade dependence. (Pg.38)
[TURN OVER]
, CONFIDENTAL
Page 3 of 11 APC2602
May/June 2020
QUESTION 6
Africa’s debt is characterised by:
1. The denial of loans by the IMF and World Bank,
2. A gradual decline during the 1980s,
3. Money owed only to governments, (Not Sure)
4. The steady growth in debt during the 1980s and early 1990s, or
5. The writing off of debt by syndicates.
QUESTION 7
The implementation of SAPs is constrained by:
1. The World Bank,
2. The Chinese government,
3. Strong support of influential groups,
4. The IMF, or
5. Lack of commitment by African political leaders. (Pg.46)
QUESTION 8
According to Professor T. Shaw which decade is considered as the “lost decade” for
Africa’s political economy?
1. 1940s
2. 1950s
3. 1980s
4. 1990s
QUESTION 9
In exchange of slaves, African traders received imported goods such as____
1. Shoes, leather and cellphones
2. Books, money and guns
3. Money, paper and ink
4. Cloth, guns, ammunition, utensils, and tools (Pg.35)
QUESTION 10
Which of the following options is an example of colonial linkages?
1. The transformation of subsistence goods into commodities (items of trade),
2. Backward linkages, including the development of markets for the means of markets for
the means of production (manufacturers),
3. Forward linkages,
4. Fiscal linkages (public revenue), or
5. All of the above.(Pg.35)
[TURN OVER]
, CONFIDENTAL
Page 4 of 11 APC2602
May/June 2020
QUESTION 11
Which subsistence good was transformed into a commodity in Ghana?
1. Coal
2. Cooper
3. Cocoa (Pg.35)
4. Sugar cane
QUESTION 12
According to Ake’s perspective a disarticulated economy is one whose parts or
sectors are complementary.
1. True
2. False
QUESTION 13
Ake discusses four areas in which African economies were dependent on metropolitan
economies. Which of these areas stated below is NOT one of the methods of
dependence?
1. Dependence of the monetary system
2. Trade dependence
3. Cultural and economic dependence
4. Technological dependence (Not Sure)
QUESTION 14
Choose the correct option. Which of the following options is not an example of a fiscal
linkage?
1. Directly (through export duties),
2. Corruption, (Pg.37)
3. Indirectly (through import and excise duties levied on commodities consumed by export
producers – these are duties charged on goods during manufacture),
4. Through railway tariff-rate policy, through the operations of marketing boards (duties
payable on imports and exports), or
5. Through poll taxes (taxes on individuals) levied on substantial proportions of the adult
population.
QUESTION 15
According to the IMF, who is eligible for the MDRI?
1. Countries which earn less than $380 per capita
2. Show satisfactory progress that countries are paying off their debts
3. Have satisfactory performance in macroeconomic policies, implement a poverty
reduction strategy, and have public expenditure management
4. Option 1 and 2
5. Option 1, 2 and 3 (No Source) [TURN OVER]
