IS308 Quiz whoop whoop

1.     After______year(s) of global financial crisis, trade led to the recovery for Asia economies as well as the European and the American economies.

• 1

• 2

• 3

Market-led refers to the tendency of firms to obtain raw materials, intermediate products and end products across borders from the cheapest source.

• True

• False

Policy-led is government-induced trade integration, in particular the creation of preferential trade agreements such as free trade areas and customs unions.

• True

• False

The process of institutional competition and selection is called

• Institutional Darwinism

• International Darwinism

• Both

The only PTA in the region that considers to be sensible is

• Asian customs union

• Asian-wide customs union

• Both

China's popularity among policymakers in Asia reflected by

• Numerous preferential agreement

• China's Economic Power

• China's political environment

• All of the above

Which country is the first non-ASEAN state to sign the Treaty of Amity and Cooperation in Southeast Asia?

• The United States

• Japan

• China

• The United Kingdom

The rise of China occur during the time the US was implementing a policy of hostile unilateralism.

• True

• False

Most of Asian countries followed the import-led strategy.

• True

• False

China-centered regionalism is recognized due to

• The increase if cross-border trade and investment

• Intensification of formal integration projects

• ACFTA Agreement

• All of the above