Pos 486 Study guides, Class notes & Summaries

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: Response Feedback: 2. was drafted in Havana, Cuba in 1948 2. was drafted in ...

POS 486 - POS 486 MIDTERM EXAM. QUESTIONS AND ANSWERS. COMPLETE SOLUTIONS. A+ GRADED. 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: 4. domestic content requirements Correct Answer: 2. trade agreements Response Feedback: Refer to Chapter 1, pp. 22-24, and Assignment 1  Question 2 2.5 out of 2.5 points Which of the following does NOT describe the WTO? Selected Answer: 2. was dra...

If the Brazilian currency, the Real, appreciates by 18% relative to the Argentine peso, Selected Answer: c. Brazilian pay 18% less for Argentine goods/services Correct Answer: c. Brazilian pay 18% less for Argentine goods/services Response Feedback: Comprehension question based on the devaluation of currency; see Chapter 10

POS 486 FINAL EXAM • 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 would expect Selected Answer: 2...

POS 486 Quiz 2 With all the correct answers

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: Re...

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: Re...

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: Re...

POS 486: Midterm Exam Questions with 100% Correct Answers One of these is not a feature of the contemporary "global economy": - All 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: - The (problematic) "Hyperglobalization Thesis" predicts a simple convergence on a liberal model of capitalism and assumes all of the following except: -...

POS 486 Questions with 100% Correct Answer 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 3) The financial account includes a) the capital account