Which country played a fundamental role in the establishment of the liberal trading system after WWII?

Excercises of IPE

Quiz
•
Social Studies
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University
•
Easy
Nguyễn My
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120 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Soviet Union
China
The United States
Germany
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economists define an "efficient" choice as one that
costs the least, regardless of benefits.
gives you the most benefit with the least cost.
uses all your available resources with none left over.
gives you the most benefit, regardless of cost.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
International political economy can be defined as
the international organizations such as the International Monetary Fund and the World Bank that direct international investments
the comparative advantage industrialized nations have over agriculturally- based nations
the mutual relationship between the international politics and national economy
the domestic fiscal and monetary policies developed by sovereign states
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What, according to Classical economic theory, was the purpose of Mercantilism in the 18th century?
A means by which to strengthen the sovereign state, and inherently linked to international conflict.
A means by which to promote societal security for the populations of states.
A route to increasing imports and transnational trade.
Not a significant economic theory until after the 18th century.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mercantilism
sees one state's gain as the other state's loss
aims to maximize sources of wealth within one's borders
is the economic doctrine of the strong
a and b are both correct
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements would a mercantilist NOT agree with?
Imports are desirable
Trade is a zero-sum activity.
The purpose of trade is to amass revenues from exports.
Policies should promote exports and discourage imports.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Alexander Hamilton, the United States' first secretary of treasury, advocated protectionist policies to achieve what objective?
protect American farmers
protect American jobs
prevent unfair competition with China
protect the new nation's manufacturers
prevent offshoring to Mexicore
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