Javi Lpz Gmz
Quiz por , criado more than 1 year ago

Quiz sobre global economy, criado por Javi Lpz Gmz em 13-03-2016.

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Javi Lpz Gmz
Criado por Javi Lpz Gmz mais de 8 anos atrás
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global economy

Questão 1 de 51

1

Choose the correct answer. Economic globalization is:

Selecione uma das seguintes:

  • The process that expands international trade, international investment, and immigration relative to national output, investment, and population growth.

  • The process that merely expands international trade

  • The process that merely expands international investment.

Explicação

Questão 2 de 51

1

Which are the mayor aspect of economic globalization identified by economic literature:

Selecione uma das seguintes:

  • Only globalization of consumption

  • Only globalization of production and ownership

  • Both a) and b) as globalization of labor

Explicação

Questão 3 de 51

1

Which type of economic globalization typically refers to the growing volume of international trade?

Selecione uma das seguintes:

  • Globalization in consumption

  • Globalization in labor

  • Globalization in of production and ownership

Explicação

Questão 4 de 51

1

Choose the correct answer. Direct Foreign Investment (FDI):

Selecione uma das seguintes:

  • Brings only an expansion of the physical capital stock

  • rings only knowledge about management techniques.

  • a) and b) as technical innovation and knowledge about production

Explicação

Questão 5 de 51

1

Globalization of labor Implies:

Selecione uma das seguintes:

  • That the nationality of the owner and controller of productive assets becomes independent of the nation housing them.

  • An increasing number of workers who make products and services for export or cross borders for work.

  • That the nation in which a product was made becomes independent of the nationality of the consumer.

Explicação

Questão 6 de 51

1

What aspect of economic globalization implies that the nation in which a product was made becomes independent of the nationality of the consumer?

Selecione uma das seguintes:

  • Globalization in consumption

  • Globalization in labor

  • Globalization in of production and ownership

Explicação

Questão 7 de 51

1

)Which type of economic globalization typically refers to the phenomenon of rising cross-border financial flows (financial globalization)?

Selecione uma das seguintes:

  • globalization of labor and con

  • globalization of production and ownership

  • Direct Foreign Investment (FDI)

Explicação

Questão 8 de 51

1

Choose the correct answer. Related with the globalization in labor, there have also been increasing flows of migrants across borders (international labor migration), through:
a) Legal routes only
b) Informal routes only
c) Both legal and informal routes.

Selecione uma das seguintes:

  • Legal routes only

  • Informal routes only

  • Both legal and informal routes.

Explicação

Questão 9 de 51

1

Which is the name given to the best educated generation in human history and the generation of digital natives?

Selecione uma das seguintes:

  • X Generation

  • Generation Y

  • New generation

Explicação

Questão 10 de 51

1

If we say that the demand for workers is being most pronounced in emerging markets thanks to continued brisk growth in most of these economies, regarding which phenomenon are we talking about?

Selecione uma das seguintes:

  • Tectonic market shifts are transforming the global business landscape.

  • A new “geography of talent”

  • Digital skills and Agile thinking

Explicação

Questão 11 de 51

1

Choose the correct answer.
a) The speed of the globalization process is closely related to the ability of the state to supply the conditions of a successful market economy.
b) Globalization appears as the new ideology of capitalism.
c) Both a) and b) are right

Selecione uma das seguintes:

  • The speed of the globalization process is closely related to the ability of the state to supply the conditions of a successful market economy.

  • Globalization appears as the new ideology of capitalism.

  • Both a) and b) are right

Explicação

Questão 12 de 51

1

Free trade refers to:
a) A situation where a government does not attempt to restrict what its citizens can buy from another country or what they can sell to another country.
b) A situation that allows to arbitrage in order to earn profits from the price difference between previously separated markets
c) Both a) and b) are right

Selecione uma das seguintes:

  • A situation where a government does not attempt to restrict what its citizens can buy from another country or what they can sell to another country.

  • A situation that allows to arbitrage in order to earn profits from the price difference between previously separated markets

  • Both a) and b) are right

Explicação

Questão 13 de 51

1

Which wave of globalization was focused on integration between rich countries as Europe, North America and Japan restored trade relations through a series of multilateral trade liberalizations?

Selecione uma das seguintes:

  • First wave (1870-1914)

  • Second Wave (1950-1980)

  • Third wave (1980-present)

Explicação

Questão 14 de 51

1

Which wave of globalization was sparked by advances in transport and reductions in trade barriers such that the level of exports to world income doubled to 8 percent as international trade boomed?

Selecione uma das seguintes:

  • First wave(1870-1914)

  • Second Wave (1950-1980)

  • Third wave (1980-present)

Explicação

Questão 15 de 51

1

Which wave of globalization sparked that 10 percent of the world's population moved to new countries searching for better jobs?

Selecione uma das seguintes:

  • First wave(1870-1914)

  • Second Wave (1950-1980)

  • Third wave (1980-present)

Explicação

Questão 16 de 51

1

Choose the correct answer. After World War II:

Selecione uma das seguintes:

  • Advanced countries made a commitment to higher barriers to trade and investment.

  • Since 1950, average tariffs have increased significantly

  • Advanced countries made a commitment to lower barriers to trade and investment.

Explicação

Questão 17 de 51

1

Free trade refers to a situation where:

Selecione uma das seguintes:

  • Government does not attempt to restrict what its citizens can buy from another country or what they can sell to another country

  • Government tend to intervene in international trade to protect the interests of politically important groups

  • Both a) and b) are right

Explicação

Questão 18 de 51

1

A tariff is an instrument of trade policy that consist in:

Selecione uma das seguintes:

  • A government payment to a domestic producer

  • A tax levied on imports that effectively raises the cost of imported products relative to domestic products

  • A direct restriction on the quantity of some good that may be imported into a country

Explicação

Questão 19 de 51

1

A subsidy is an instrument of trade policy that consist in:

Selecione uma das seguintes:

  • A government payment to a domestic producer

  • A tax levied on imports that effectively raises the cost of imported products relative to domestic products

  • A direct restriction on the quantity of some good that may be imported into a country

Explicação

Questão 20 de 51

1

An Import quota is an instrument of trade policy that consist in:
a) A government payment to a domestic producer
b) A tax levied on imports that effectively raises the cost of imported products relative to domestic products
c) A direct restriction on the quantity of some good that may be imported into a country

Selecione uma das seguintes:

  • A government payment to a domestic producer

  • A tax levied on imports that effectively raises the cost of imported products relative to domestic products

  • A direct restriction on the quantity of some good that may be imported into a country

Explicação

Questão 21 de 51

1

The extra profit that producers make when supply is artificially limited by an import quota is:
a) A Voluntary export restraints
b) A quota rent
c) A Tariff rate quota

Selecione uma das seguintes:

  • A Voluntary export restraints

  • A quota rent

  • A Tariff rate quota

Explicação

Questão 22 de 51

1

) Choose the wrong answer.

Selecione uma das seguintes:

  • Tariffs are unambiguously pro-producer and anti-consumer and reduce the overall efficiency of the world economy

  • Subsidies help domestic producers compete against low-cost foreign imports

  • Tariffs are unambiguously pro-consumer and anti-producer and increase the overall efficiency of the world economy

Explicação

Questão 23 de 51

1

Choose the right answer. Ad valorem tariffs:

Selecione uma das seguintes:

  • Are levied as a fixed charge for each unit of a good imported

  • Are levied as a proportion of the value of the imported good

  • Are a hybrid of a quota and a tariff where a lower tariff is applied to imports within the quota than to those over the quota

Explicação

Questão 24 de 51

1

A local content requirement is an instrument of trade policy that:
a) Demands that some specific fraction of a good be produced domestically
b) Establishes bureaucratic rules that are designed to make it difficult for imports to enter a country
c) Forbids selling goods in a foreign market below their cost of production.

Selecione uma das seguintes:

  • Demands that some specific fraction of a good be produced domestically

  • Establishes bureaucratic rules that are designed to make it difficult for imports to enter a country

  • Forbids selling goods in a foreign market below their cost of production.

Explicação

Questão 25 de 51

1

Administrative trade polices is an instrument of trade policy that:

Selecione uma das seguintes:

  • Demands that some specific fraction of a good be produced domestically

  • Establishes bureaucratic rules that are designed to make it difficult for imports to enter a country

  • Forbids selling goods in a foreign market below their cost of production.

Explicação

Questão 26 de 51

1

Which of these trade policies hurt consumers by denying access to possibly superior foreign products?

Selecione uma das seguintes:

  • local content requirement

  • Antidumping policies

  • Administrative trade

Explicação

Questão 27 de 51

1

Which of these trade policies are designed to punish foreign firms in order to protect domestic producers from “unfair” foreign competition?

Selecione uma das seguintes:

  • local content requirement

  • Antidumping policies

  • Administrative trade

Explicação

Questão 28 de 51

1

Choose the wrong answer. Local content requirements:

Selecione uma das seguintes:

  • Punish domestic producers and jobs, but consumers face lower prices

  • Benefits domestic producers and jobs, but consumers face higher prices

  • Requirement can be in physical terms or in value terms

Explicação

Questão 29 de 51

1

Which type of arguments exit in order justify the government intervention in trade?

Selecione uma das seguintes:

  • Legal arguments only

  • Political arguments only

  • Political and economic arguments mainly

Explicação

Questão 30 de 51

1

Choose the right answer. Political reasons argued in order to justify government intervention:

Selecione uma das seguintes:

  • are typically concerned with protecting the interests of certain groups within a nation (normally producers), often at the expense of other groups (normally consumers)

  • are typically concerned with boosting the overall wealth of a nation (to the benefit of all, both producers and consumers)

  • Both a) and b) are right.

Explicação

Questão 31 de 51

1

Choose the right answer. Economic arguments for government intervention in international trade include:

Selecione uma das seguintes:

  • Protecting jobs, protecting industries deemed important for national security, retaliating to unfair foreign competition

  • The infant industry argument and Strategic trade policy

  • Both a) and b) are right

Explicação

Questão 32 de 51

1

Choose the right answer. The infant industry argument suggests that:

Selecione uma das seguintes:

  • An industry should be protected until it can develop and be viable and competitive internationally.

  • In cases where there may be important first mover advantages, governments can help firms from their countries attain these advantages

  • Both a) and b) are right

Explicação

Questão 33 de 51

1

Choose the right answer. The Strategic Trade Policy suggests that:

Selecione uma das seguintes:

  • In cases where there may be important first mover advantages, governments can help firms from their countries attain these advantages

  • Governments can help firms overcome barriers to entry into industries where foreign firms have an initial advantage

  • Both a) and b) are right

Explicação

Questão 34 de 51

1

Choose the right answer. New trade theorists believe:

Selecione uma das seguintes:

  • government intervention in international trade is always justified

  • government intervention in international trade is never justified

  • Both a) and b) are wrong

Explicação

Questão 35 de 51

1

Choose the right answer. Classic trade theorists believe:

Selecione uma das seguintes:

  • Disagree with new trade theorists

  • Agree partially with some new trade theorists

  • While strategic trade theory is appealing in theory, it may not be workable in practice – they suggest a revised case for free trade

Explicação

Questão 36 de 51

1

) Who famous economist argues that strategic trade policies aimed at establishing domestic firms in a dominant position in a global industry are beggar-thy-neighbor policies that boost national income at the expense of other countries. A country that attempts to use such policies will probably provoke retaliation

Selecione uma das seguintes:

  • Adam Smith

  • David Ricardo

  • Paul Krugman

Explicação

Questão 37 de 51

1

Which was the philosophy that guided European thinking about international trade in the several centuries before Adam Smith?

Selecione uma das seguintes:

  • Mercantilism

  • Imperialism

  • Colonialism

Explicação

Questão 38 de 51

1

Choose the right answer. Mercantilists viewed international trade:

Selecione uma das seguintes:

  • as a source of major benefits to a nation

  • As a zero-sum activity

  • Both a) and b) are right

Explicação

Questão 39 de 51

1

Choose the right answer. A central belief of mercantilist was:

Selecione uma das seguintes:

  • That national well-being or wealth was based on national holdings of gold and silver.

  • The government regulation of trade was necessary to provide the largest national benefits.

  • Both a) and b) are right

Explicação

Questão 40 de 51

1

Choose the right answer. Based on mercantilist thinking, governments:

Selecione uma das seguintes:

  • Imposed an array of taxes and prohibitions to limit imports

  • Subsidized and encouraged exports.

  • Both a) and b) are right

Explicação

Questão 41 de 51

1

Choose the right answer. Neo-mercantilists believe that:

Selecione uma das seguintes:

  • Exports are good because they create jobs in the country, and imports are bad because they take jobs from the country. Neo-mercantilists continue to depict trade as a zero-sum activity.

  • Imports are good because they create jobs in the country, and exports are bad because they take jobs in more country.

  • With the Economic Globalization international trade is not a zero-sum activity.

Explicação

Questão 42 de 51

1

What are the key factors of influencing the development of trade from the point of Krugman model?

Selecione uma das seguintes:

  • Product differentiation

  • Economies of Scale

  • Global Economics

Explicação

Questão 43 de 51

1

What is the countries trading goal based on, in order to maximize the Profit regarding to the Krugman model?

Selecione uma das seguintes:

  • Demand

  • Economies of Scale

  • Product differentiations

Explicação

Questão 44 de 51

1

What is not an advantage of the Krugman model?

Selecione uma das seguintes:

  • Economies of scales are possible

  • Comparative advantage for products

  • No specification between countries

Explicação

Questão 45 de 51

1

Who benefits the most from the Krugman model?

Selecione uma das seguintes:

  • Developed countries

  • Multinational companies

  • Developing countries

Explicação

Questão 46 de 51

1

Which theory is giving the benefit of selling on the lowest costs?

Selecione uma das seguintes:

  • Krugman model

  • Gravity model

  • Product lifecycle

Explicação

Questão 47 de 51

1

Which types of intra-industry trade theory are there?

Selecione uma das seguintes:

  • Horizontal and parallel

  • Vertical and parallel

  • Horizontal and vertical

Explicação

Questão 48 de 51

1

This type of intra-industry trade theory refers to the simultaneous exports and imports of goods classified in the same sector and at the same stage of processing…

Selecione uma das seguintes:

  • Horizontal

  • Vertical

  • Parallel

Explicação

Questão 49 de 51

1

) Why do countries implement the intra-industry trade theory?

Selecione uma das seguintes:

  • Lower transportation costs near borders

  • Overlapping demand segments

  • All of the above are correct

Explicação

Questão 50 de 51

1

Which one of the answers is wrong? The product life cycle theory:

Selecione uma das seguintes:

  • Explains the expected life cycle of a typical product from design to obsolescence.

  • Is divided into the phases of product introduction, product growth, maturity, and decline.

  • Its goal is to minimize its value and profitability at each stage.

Explicação

Questão 51 de 51

1

The product life cycle theory regarding the international trade theory consists in:

Selecione uma das seguintes:

  • Introduction, growth, maturity and decline

  • Introduction, expansion, maturity and decline

  • Introduction, development, maturity and decline

Explicação