Arizona State University - POS 486 Finals POS 486

·         Question 1

Free trade alters supply and demand by 

·         Question 2

In a liberalized country with an abundance of labor and land but little capital, we would expect

·         Question 3

When U.S. automakers (the Big 3) sought a bailout from the federal government in 2008, the sectoral model would predict

·         Question 4

In a factor-based model of trade, if a developing country begins producing more shoes and fewer aviation systems, who benefits?

·         Question 5

If Toyota purchased its parts manufacturers to internalize inputs, this would be an example of which the following? 

·         Question 6

The number of MNCs

·         Question 7

If a British company builds a new factory in India to manufacture car batteries, this is an example of

·         Question 8

ExxonMobil and its consortium partners chose to build an oil pipeline in Cameroon because of  

·         Question 9

When a government uses industrial policy to create an area with a favorable environment for MNCs to export from their countries, they are 

·         Question 10

Nationalization and nationalized industries

·         Question 11

Given the role and power of MNCs in the global economy, 

·         Question 12

Exchange rate systems

·         Question 13

A government most concerned with providing stability would most likely choose which of the following exchange rate systems?

·         Question 14

When an American lawyer invests in a startup in Germany, where is this recorded?

·         Question 15

Within the balance of payments, if the current account has a deficit of US$2.2billion, the capital account

·         Question 16

When a country's balance of payments suffers an imbalance

·         Question 17

Under a fixed exchange rate system, an imbalance in the balance of payments would be corrected how? 

·         Question 18

The US and Canadian dollars are examples of

·         Question 19

Specifically, what type of exchange rate regime does a country use if it does not fix the value of its currency but does intervene on occasion to influence its value?

·         Question 20

In a floating exchange rate system, a country experiencing a surplus in their balance of payments should naturally experience an adjustment

·         Question 21

The end of the Bretton Woods international monetary order

·         Question 22

Given the “unholy trinity”, if a country promotes unencumbered capital flows but wishes to maintain control of monetary policy, it will