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Quiz

BUS 498

Marissa Mondeau 11 Fragen

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Fragen in diesem Quiz (11)

  1. 1The European Union is one of the most important trade agreements. It stands for:
    1. Aa) Free movement of goods, capital, and people between its member countries
    2. Bb) Free movement of goods, capital, but not people between its member countries
    3. Cc) Free movement of goods and capital between the member countries Canada, United States, and Mexico
    4. Dd) Free movement of goods, but not capital and people between the member countries Canada and the United States, and Mexico
  2. 22) The following are potential reasons for British decision to pursue Brexit:
    1. Aa) Bailouts
    2. Bb) Banking regulations
    3. Cc) Migration Crisis
    4. Dd) All of the above
  3. 33) Over the last decade most countries including former satellite countries of the USSR
    embraced democracy and a free market economy. However, lately we see tendencies of
    1. Aa) Populism in South America
    2. Bb) Protectionism in the U.S.
    3. Cc) A move away from democracy in Russia and Venezuela
    4. Dd) All of the above
  4. 44) One of the global trends in most industrialized countries is that:
    1. Aa) The rich get richer; the poor get poorer while the middle class stays the same
    2. Bb) The divide between rich and poor is shrinking and the middle class is growing
    3. Cc) The divide between rich and poor is increasing and the middle class is growing
    4. Dd) The divide between rich and poor is increasing and the middle class is decreasing
  5. 55) BREXIT means that
    1. Aa) Britain is going to get out of the European Monetary system, the Euro
    2. Bb) British citizens are no longer allowed to hold Euros
    3. Cc) Britain is going to get out of the EU
    4. Dd) All of the above
  6. 66) Which of the following countries is most likely to currently suffer from Dutch Disease?
    1. Aa) Japan
    2. Bb) Russia
    3. Cc) South Korea
    4. Dd) Holland
  7. 77) The trend towards increasing globalization has produced economic winners and losers in the
    U.S. The following are likely to be winners of the globalization trend:
    1. Aa) Consumers, small companies, and highly skilled workers
    2. Bb) Consumers, big competitive companies, and highly skilled workers
    3. Cc) Consumers, big competitive companies, and unskilled workers
    4. Dd) Unskilled workers, highly skilled workers, and small companies
  8. 88) Compared to other OECD countries, the U.S. health care system is not efficient. The per
    capita cost of health care is highest in the U.S. but the U.S. ranges on the lower end on
    measurable outcomes such as death from all causes. Potentially, the following factors, which
    are unique to the U.S. system, contribute to the inefficiency:
    1. Aa) People without health insurance and money often get health care through emergency care
    2. Bb) The health insurance is coupled with employment. The employee usually has no choice about the selection of a health insurance
    3. Cc) People without health insurance often don’t get preventive care.
    4. Dd) All of the above.
  9. 99) The trend towards increasing globalization has produced economic winners and losers in the
    U.S. The following are likely to be winners of the globalization trend:
    1. Aa) Consumers, small companies, and highly skilled workers
    2. Bb) Consumers, big competitive companies, and highly skilled workers
    3. Cc) Consumers, big competitive companies, and unskilled workers
    4. Dd) Unskilled workers, highly skilled workers, and small companies
  10. 1010) The U.S. had more than a $400 billion trade deficit with China. President Biden kept tariffs
    on more than $250 billion of Chinese imports (The tariffs were originally introduced by
    President Trump). This will likely
    1. Aa) Decrease the U.S. trade deficit with China
    2. Bb) Increase U.S. exports to China
    3. Cc) Improve relationships with China
    4. Dd) Have no impact on other countries

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Quiz am BUS 498, erstellt von Marissa Mondeau am 08/12/2021.
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English
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