Pos 486 Study guides, Class notes & Summaries
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POS 486: Midterm Exam Questions With 100% Correct Answers
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POS 486: Midterm Exam Questions With 
100% Correct Answers 
One of these is not a feature of the contemporary "global economy": - answerAll significant 
non-tariff barriers to trade have been eliminated, and distance, history andculture no longer 
influence patterns of trade. 
One of these statements is a contradiction in globalization today: - answer 
The (problematic) "Hyperglobalization Thesis" predicts a simple convergence on a liberal model 
of capitalism and assumes all of the followin...
-
ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS POS 486 | POS486 FINALS
- Exam (elaborations) • 15 pages • 2023
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ARIZONA STATE UNIVERSITY 
POS 486 | POS486 FINALS 
POS 486 | POS486 FINALS 
• Question 1 
0 out of 2.5 points 
Which of the following is NOT a policy that trade liberalization would seek to 
eliminate? 
Selected 
Answer: 
Correct 
Answer: 
Response 
Feedback: 
4. 
domestic content 
requirements 
2. 
trade agreements 
Refer to Chapter 1, pp. 22-24, and 
Assignment 1 
• Question 2 
Which of the following does NOT describe the WTO? 
2.5 out of 2.5 points 
Selected 
Answer: 
Correct 
Answer: 
R...
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POS 486 UPDATED Exam Questions and CORRECT Answers
- Exam (elaborations) • 8 pages • 2024
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The current account includes 
a) direct investment assets. 
b) monetary reserves. 
c) investment liabilities. 
d) exports and imports. d) exports and imports. 
Since the 1970s, in regard to the current account, the United States has generally had 
a) a deficit 
b) a surplus 
c) a balance 
d) volatility a) a deficit
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POS 486 Exam Questions And Answers (Verified And Updated)
- Exam (elaborations) • 7 pages • 2024
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POS 486 Exam Questions And Answers 
(Verified And Updated) 
The current account includes 
a) direct investment assets. 
b) monetary reserves. 
c) investment liabilities. 
d) exports and imports. - answerd) exports and imports. 
Since the 1970s, in regard to the current account, the United States has generally had 
a) a deficit 
b) a surplus 
c) a balance 
d) volatility - answera) a deficit 
3) The financial account includes 
a) the capital account. 
b) secondary income. 
c) portfolio investment....
-
ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS POS 486 | POS486 FINALS
- Exam (elaborations) • 15 pages • 2023
-
- $12.99
- + learn more
ARIZONA STATE UNIVERSITY 
POS 486 | POS486 FINALS 
POS 486 | POS486 FINALS 
• Question 1 
0 out of 2.5 points 
Which of the following is NOT a policy that trade liberalization would seek to 
eliminate? 
Selected 
Answer: 
Correct 
Answer: 
Response 
Feedback: 
4. 
domestic content 
requirements 
2. 
trade agreements 
Refer to Chapter 1, pp. 22-24, and 
Assignment 1 
• Question 2 
Which of the following does NOT describe the WTO? 
2.5 out of 2.5 points 
Selected 
Answer: 
Correct 
Answer: 
R...
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POS 486: Midterm Exam Questions With 100% Correct Answers
- Exam (elaborations) • 8 pages • 2024
-
- $11.49
- + learn more
POS 486: Midterm Exam Questions With 
100% Correct Answers 
One of these is not a feature of the contemporary "global economy": - answerAll significant 
non-tariff barriers to trade have been eliminated, and distance, history andculture no longer 
influence patterns of trade. 
One of these statements is a contradiction in globalization today: - answer 
The (problematic) "Hyperglobalization Thesis" predicts a simple convergence on a liberal model 
of capitalism and assumes all of the followin...
-
ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS
- Exam (elaborations) • 15 pages • 2023
-
- $18.49
- + learn more
ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS
-
ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS
- Exam (elaborations) • 15 pages • 2023
-
- $18.49
- + learn more
ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS
-
ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS
- Exam (elaborations) • 15 pages • 2023
-
- $18.49
- + learn more
ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS
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POS 486 - FINAL EXAM. QUESTIONS WITH ANSWERS. COMPLETE SOLUTIONS (A+ GRADE).
- Exam (elaborations) • 15 pages • 2021
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POS 486 - FINAL EXAM. QUESTIONS WITH ANSWERS. COMPLETE SOLUTIONS (A+ GRADE). 
 
Question 1 
Free trade alters supply and demand by 
Selected 
Answer: 4. 
providing gains in the form of increased revenue to 
domestic producers 
Correct 
Answer: 2. 
lowering the price, thereby increasing the quantity 
demanded 
Response 
Feedback: 
See Chapter 3, "The Economic Case for Free Trade" 
and Lecture 3 
 Question 2 
In a liberalized country with an abundance of labor and land but little capital, we ...
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