SOCI 301 FINAL Exam Questions and
Answers Graded A+
Despite the promises, the NIEO was not helpful to third world countries because:
a) It was drafter without consultation of the third world countries
b) It represented a modernist view of development
c) It promoted a dependency perspective of development
d) It promoted conflict btwn 3rd world states - Correct answer-It promoted a
dependency perspective of development
The globalization project succeeded the development project because:
a) Development has transitioned from a nationally managed econ growth to
participation in world market
b) Development is extinct
c) Development became globalization
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,d) Development project became globalized in all nations - Correct answer-
Development has transitioned from a nationally managed econ growth to
participation in world market
THE DEBT CRISIS IN THE 3RD WORLD RESULTED FROM ALL OF
FOLLOWING EXCEPT:
a) US gov anti-inflationary policies in 1980s
b) Contraction of credit and rising interest rates
c) Inflationary pressures from rise in oil prices
d) Us federal reserve board policy - Correct answer-Us federal reserve board policy
JINCO is a multinational company wishing to invest in India. The Indian
government is interested in partnership but requires JINCO to invest its profits
locally, hirelocally, and buy its raw materials from the country. JINCO disagrees
and decides to seek relief from the WTO. Which of these WTO protocols would
JINCO use?
a) Trade related investment measures (TRIMS)
b) Trade related medication programs (TRMPS)
c) Trade related intellectual rights (TRIPS)
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, d) Trade related intellectual property rights - Correct answer-Trade related
investment measures (TRIMS)
All of the following are preconditions must be met for a country to receive
financial assistance from the IMF and world bank except?
a) Export oriented market
b) Privatization
c) Stable interests
d) Currency devaluation - Correct answer-Stable interests
Fair Trade practices are intended to promote transparency, fair pricing,
environmentally sound practices between:
a) firms in global south and global north
b) consumers and producers in the global and global north
c) workers in the global south and producing firms from global north
d) craftspeople from the global south and Northern consumers with taste for ethnic
products - Correct answer-b) consumers and producers in the global and global
north
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Answers Graded A+
Despite the promises, the NIEO was not helpful to third world countries because:
a) It was drafter without consultation of the third world countries
b) It represented a modernist view of development
c) It promoted a dependency perspective of development
d) It promoted conflict btwn 3rd world states - Correct answer-It promoted a
dependency perspective of development
The globalization project succeeded the development project because:
a) Development has transitioned from a nationally managed econ growth to
participation in world market
b) Development is extinct
c) Development became globalization
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,d) Development project became globalized in all nations - Correct answer-
Development has transitioned from a nationally managed econ growth to
participation in world market
THE DEBT CRISIS IN THE 3RD WORLD RESULTED FROM ALL OF
FOLLOWING EXCEPT:
a) US gov anti-inflationary policies in 1980s
b) Contraction of credit and rising interest rates
c) Inflationary pressures from rise in oil prices
d) Us federal reserve board policy - Correct answer-Us federal reserve board policy
JINCO is a multinational company wishing to invest in India. The Indian
government is interested in partnership but requires JINCO to invest its profits
locally, hirelocally, and buy its raw materials from the country. JINCO disagrees
and decides to seek relief from the WTO. Which of these WTO protocols would
JINCO use?
a) Trade related investment measures (TRIMS)
b) Trade related medication programs (TRMPS)
c) Trade related intellectual rights (TRIPS)
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
, d) Trade related intellectual property rights - Correct answer-Trade related
investment measures (TRIMS)
All of the following are preconditions must be met for a country to receive
financial assistance from the IMF and world bank except?
a) Export oriented market
b) Privatization
c) Stable interests
d) Currency devaluation - Correct answer-Stable interests
Fair Trade practices are intended to promote transparency, fair pricing,
environmentally sound practices between:
a) firms in global south and global north
b) consumers and producers in the global and global north
c) workers in the global south and producing firms from global north
d) craftspeople from the global south and Northern consumers with taste for ethnic
products - Correct answer-b) consumers and producers in the global and global
north
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
