• Question 1
Free trade alters supply and demand by
• Question 2
In a liberalized country with an abundance of labor and land but littl... [Show More] e capital, we would expect
When U.S. automakers (the Big 3) sought a bailout from the federal government in 2008, the sectoral model would predict
• Question 3
• 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
• Question 23
If you voted for President Obama in 2012 because you had benefitted from capital gains on the sale of your rental condominium and received a cost of living raise at work, what electoral model would explain your decision?
• Question 24
Most industrialized, developed countries today have floating exchange rates because
• Question 25
Export oriented businesses concerned about competitiveness would prefer which of the following?
• Question 26
• Question 27
The Latin American Debt Crisis was
• Question 28
When tariffs are imposed in the U.S. to protect domestic industry, which of the following is most likely to benefit?
• Question 29
As described in the American Prospect article assigned, Aribnb
• Question 30
Looking at the following payoff matrix of a hypothetical market that supports only one high-tech aeronautical firm with two countries competing internationally, answer the following (quadrants numbered in parantheses):
-10, 10 (I)
100, 0 (II)
0, 120 (IV)
0, 0 (III)
What is the payoff to the U.S. firm if both the Japanese and the U.S. firms produce? [Show Less]