Quiz
BUS 498
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Perguntas do quiz (11)
1The European Union is one of the most important trade agreements. It stands for:
- Aa) Free movement of goods, capital, and people between its member countries
- Bb) Free movement of goods, capital, but not people between its member countries
- Cc) Free movement of goods and capital between the member countries Canada, United States, and Mexico
- Dd) Free movement of goods, but not capital and people between the member countries Canada and the United States, and Mexico
22) The following are potential reasons for British decision to pursue Brexit:
- Aa) Bailouts
- Bb) Banking regulations
- Cc) Migration Crisis
- Dd) All of the above
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- Aa) Populism in South America
- Bb) Protectionism in the U.S.
- Cc) A move away from democracy in Russia and Venezuela
- Dd) All of the above
44) One of the global trends in most industrialized countries is that:
- Aa) The rich get richer; the poor get poorer while the middle class stays the same
- Bb) The divide between rich and poor is shrinking and the middle class is growing
- Cc) The divide between rich and poor is increasing and the middle class is growing
- Dd) The divide between rich and poor is increasing and the middle class is decreasing
55) BREXIT means that
- Aa) Britain is going to get out of the European Monetary system, the Euro
- Bb) British citizens are no longer allowed to hold Euros
- Cc) Britain is going to get out of the EU
- Dd) All of the above
66) Which of the following countries is most likely to currently suffer from Dutch Disease?
- Aa) Japan
- Bb) Russia
- Cc) South Korea
- Dd) Holland
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:- Aa) Consumers, small companies, and highly skilled workers
- Bb) Consumers, big competitive companies, and highly skilled workers
- Cc) Consumers, big competitive companies, and unskilled workers
- Dd) Unskilled workers, highly skilled workers, and small companies
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:- Aa) People without health insurance and money often get health care through emergency care
- Bb) The health insurance is coupled with employment. The employee usually has no choice about the selection of a health insurance
- Cc) People without health insurance often don’t get preventive care.
- Dd) All of the above.
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:- Aa) Consumers, small companies, and highly skilled workers
- Bb) Consumers, big competitive companies, and highly skilled workers
- Cc) Consumers, big competitive companies, and unskilled workers
- Dd) Unskilled workers, highly skilled workers, and small companies
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- Aa) Decrease the U.S. trade deficit with China
- Bb) Increase U.S. exports to China
- Cc) Improve relationships with China
- Dd) Have no impact on other countries
1111) A recent trend in most industrialized countries but not China is
- Aa) Ever more people become convinced that a free market economy is best
- Bb) The overall support for the system of a free market economy on the decline
- Cc) Most people have no opinion on the economic system
- Dd) Since only the rich really benefit from s free market economy, the rich are usually the
Informações
- Descrição
- Quiz sobre BUS 498, criado por Marissa Mondeau em 08-12-2021.
- Autor
- Marissa Mondeau
- Idioma
- English
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