Course Introduction
Political Science
Exam Practice Tests
Political Science is the systematic study of politics, government, and public policy. This course introduces students to the foundational concepts and theories of political science, including the analysis of political institutions, processes, behaviors, and ideologies both within and among nations. Through the examination of comparative politics, international relations, political theory, and public administration, students will gain a deeper understanding of how power and resources are distributed and contested in societies. The course also explores contemporary political issues, encouraging critical thinking and informed participation in civic life.
Recommended Textbook
International Political Economy 5th Edition by Thomas Oatley
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16 Chapters
720 Verified Questions
720 Flashcards
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Page 2
Chapter 1: International Political Economy
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33715
Sample Questions
Q1) Food tariffs in the United States almost always have the distributional effects of boosting the incomes of wealthier farmers domestically at the expense of poorer farmers in developing countries.
A)True
B)False
Answer: True
Q2) Multinational corporations together account for about half of the world's trade.
A)True
B)False
Answer: False
Q3) According to Marxists,the systematic exploitation of the poor in host countries by rich,large multinational corporations is detrimental to the national interests of their home countries.
A)True
B)False
Answer: False
Q4) Global economic exchange raises the income of all people at least somewhat.
A)True
B)False
Answer: False
Page 3
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Chapter 2: The World Trade Organization and the World Trade System
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45 Verified Questions
45 Flashcards
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Sample Questions
Q1) Reforms that might make WTO decision making more inclusive
A) would also make it more difficult to reach agreement within the organization.
B) would also make it less difficult to reach agreement within the organization.
C) would also make it more useful for governments to pursue their trade objectives.
D) would also make it less likely that governments will seek alternative organizations.
E) would also make it more hostile to developing country interests.
Answer: A
Q2) Which two core principles stand at the base of the WTO?
A) Political liberalism and nondiscrimination
B) Market liberalism and preferential discrimination
C) Market liberalism and nondiscrimination
D) Market conservatism and dispute settlement
E) Intergovernmental bargaining and dispute settlement
Answer: C
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4
Chapter 3: The Political Economy of International Trade Cooperation
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33717
Sample Questions
Q1) The enforcement problem of trade agreements refers to the fact that
A) governments can be certain that other governments will comply with the trade agreements that they conclude.
B) governments cannot be certain that other governments will comply with the trade agreements that they conclude.
C) governments can be certain that other governments will not comply with the trade agreements that they conclude.
D) governments cannot be certain that other governments will not comply with the trade agreements that they conclude.
E) governments are reluctant to enter into trade agreements that are mutually beneficial.
Answer: B
Q2) Because some governments want to take advantage of others,and all governments want to avoid being exploited in this fashion,no government is willing to liberalize trade unilaterally.
A)True
B)False Answer: True
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Page 5
Chapter 4: A Society-Centered Approach to Trade Politics
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33718
Sample Questions
Q1) The sector model predicts that
A) trade politics are driven by competition between high skill workers.
B) trade politics are driven by competition between industries.
C) trade politics are driven by competition between low skill workers.
D) trade politics are driven by competition between capital and labor.
E) trade politics are driven by competition between union and non-union workers.
Q2) The model that argues that trade politics are driven by competition between two industries is called
A) the sector model.
B) the distributional model.
C) the factor model.
D) the pluralist model.
E) the competition model.
Q3) In a two-factor model,the emergence of conflict between workers and capitalists is based on the assumption that in America
A) labor is homogeneous.
B) trade reduces the income of high skill workers.
C) high skill workers are more abundant.
D) trade increases the income of low skill workers
E) low skill workers are more abundant.
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Chapter 5: A State-Centered Approach to Trade Politics
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33719
Sample Questions
Q1) Explain the rationale for infant industry protectionism first proposed by Alexander Hamilton in the 1790s and Fredrick List in the mid-nineteenth century.
Q2) The state-centered approach to trade politics argues that national policymakers intervene in the economy in pursuit of
A) national objectives that are dependent on domestic groups' self-interested concerns. B) national objectives that are independent of domestic groups' self-interested concerns.
C) international objectives that are dependent on foreign groups' self-interested concerns.
D) international objectives that are independent of foreign groups' self-interested concerns.
E) national objectives that are dependent on foreign groups' self-interested concerns.
Q3) How does strategic trade theory provide the justification for industrial policy in high technology industries?
Q4) Explain the costs and benefits of state-centered rationale for government intervention compared to standard trade theory.
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Chapter 6: Trade and Development I: Import Substitution
Industrialization
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45 Flashcards
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Sample Questions
Q1) Most developing countries either nationalized or heavily controlled the financial sector in order to direct financial resources to targeted industries.
A)True
B)False
Q2) Explain how and why governments transferred the costs of import substitution industrialization to agriculture in developing countries.
Q3) Explain the importance of terms of trade in Singer-Prebisch theory.Has research confirmed these hypotheses?
Q4) In secondary ISI,emphasis shifts from
A) the manufacture of simple consumer goods to consumer durable goods and intermediate inputs.
B) the manufacture of consumer durable goods to intermediate exports.
C) was adopted by most governments of East Asia.
D) the manufacture of consumer durable goods and intermediate inputs to capital goods needed to produce simple consumer goods.
E) the manufacture of simple consumer goods for exports and the import of cheaper consumer durable goods.
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Chapter 7: Trade and Development II: Economic Reform
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45 Verified Questions
45 Flashcards
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Sample Questions
Q1) In what has come to be called the East Asian model of development,economic development is conceptualized as a series of distinct stages.In the third stage,
A) industrial policy promotes labor-intensive light industry.
B) industrial policy promotes capital-intensive heavy industry.
C) industrial policy promotes high tech consumer durables and industrial machinery.
D) industrial policy promotes labor-intensive heavy industry.
E) industrial policy acquires high technology imports and foreign capital.
Q2) What are the costs and benefits of the "Washington Consensus" model of development policy versus the "Beijing Consensus" model?
Q3) According to Oatley,the international institutions of the IMF and the World Bank linked financial assistance to economic reforms that
A) reduced the ability of governments to spend on education and health care.
B) increased the role of the market in the economy.
C) drastically reduced the wages of domestic workers.
D) dramatically increased political instability.
E) increased the interest rates on foreign debt to discourage government spending.
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Chapter 8: Multinational Corporations in the Global Economy
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33722
Sample Questions
Q1) Locational advantages in efficiency-oriented investments arise from the availability at a lower cost of the factors of production that are used intensely in the production of a specific product.
A)True
B)False
Q2) According to Table 8.1 in the Oatley book,the region of the world with the highest foreign direct investment <u>inflows</u> in 2007-2008 was
A) The European Union.
B) North America.
C) Southeast Asia.
D) Latin America.
E) Africa.
Q3) Since the late 1980s,MNCs have been investing more heavily in developing countries.
A)True
B)False
Q4) Describe,explain and give examples of the differences between horizontal and vertical integration of the activities of MNCs.
Q5) Describe and explain how MNCs have grown so quickly in the past 40 years.
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Chapter 9: The Politics of Multinational Corporations
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33723
Sample Questions
Q1) The reason why there are no comprehensive international investment rules is that
A) governments have never tried to create multilateral rules.
B) the OCED and WTO rules have already created effective comprehensive guidelines.
C) conflict between capital-exporting advanced industrial countries and the capital-importing developing countries has prevented agreement on such rules.
D) conflict between capital-exporting developing countries and the capital-importing advanced industrial countries has prevented agreement on such rules.
E) MNCs have already created rules on their own initiative.
Q2) Nationalizations in the late 1960s and first half of the 1970s occurred most often in the extractive industries and the banking sector.
A)True
B)False
Q3) Explain the political dynamics in newly independent developing countries after WW II with MNCs that controlled most of their exports.
Q4) Explain and compare the unique and competing interests of host and home countries of MNCs as well as those of the MNCs themselves.
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Chapter 10: The International Monetary System
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33724
Sample Questions
Q1) In the balance of payments accounting system,if a country
A) has a current account deficit, it must have a capital account surplus.
B) has a current account deficit, it must have a capital account deficit.
C) has a current account surplus, it must have a capital account surplus.
D) has a capital account deficit, it must have a current account deficit.
E) has a capital account surplus, it must have a current account surplus.
Q2) Imports and exports of activities such as banking,insurance,transportation and tourism are registered in the
A) the trade account.
B) the service account.
C) the income account.
D) the expense account.
E) unilateral transfers account.
Q3) How does the IMF stabilization fund work?
Q4) Why do we live in a world where currencies are so unstable?
Q5) In a pure floating exchange-rate system governments engage in foreign exchange market intervention to influence the value of their currency.
A)True
B)False
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Chapter 11: Cooperation, conflict and Crisis in the Contemporary International Monetary System
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33725
Sample Questions
Q1) The cost of floating exchange rates is so small that European governments have had no problem in sacrificing domestic autonomy to stabilize exchange rates.
A)True
B)False
Q2) Explain how conditions of low interest rates and favorable credit conditions created the asset bubble in US residential real estate which was at the heart of the great financial crisis of 2007-2009.
Q3) Investment in residential real estate as a share of GDP in the US between 2000 and 2007
A) rose by 50%.
B) increased from 26% to 37%.
C) increased from 16% to 46%.
D) decreased from 6% to 29%
E) rose by 10%.
Q4) Explain and discuss US Congressional contentions that China's policy of pegging the renminbi to the dollar constituted an unfair trade practice.
Q5) How did governments and central banks respond to prevent the total collapse of the world financial system in 2007-2009?
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Chapter 12: A Society-Centered Approach to Monetary and Exchange-Rate Policies
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45 Flashcards
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Sample Questions
Q1) The partisan model of monetary and exchange-rate politics is based on a trade-off between unemployment and inflation.
A)True
B)False
Q2) The nontraded-goods and the import-competing sectors are not greatly affected by exchange-rate movements,and they attach little value to exchange-rate stability.
A)True
B)False
Q3) Between 2003 and 2010,the dollar has depreciated against America's principal trading partners
A) between 5 and 10 percent.
B) between 15 and 20 percent.
C) between 25 and 30 percent.
D) between 30 and 40 percent.
E) between 40 and 50 percent.
Q4) What was Keynes' explanation for high levels of unemployment in the 1920s & 1930s? How did this challenge neoclassical theory at that time?
Q5) Describe and explain the electoral model of monetary and exchange-rate politics.
Page 14
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Chapter 13: A State-Centered Approach to Monetary and Exchange-Rate Policies
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33727
Sample Questions
Q1) According to the data presented in the Oatley book,during the period 1964-1990
A) countries with relatively low inflation rates have experienced no economic growth.
B) countries with relatively low inflation rates have experienced lower economic growth.
C) countries with relatively high inflation rates have experienced higher economic growth.
D) if we exclude Germany, the negative relationship between inflation and economic growth disappears.
E) if we exclude Japan, the negative relationship between inflation and economic growth disappears.
Q2) How can the interaction between wage bargainers and the government have perverse consequences for social welfare?
Q3) The natural rate of unemployment is the rate of unemployment
A) to which an economy will return after a recession or a boom.
B) which is determined by the country's minimum wage.
C) which could be zero.
D) which cannot be raised by labor market institutions.
E) which is determined by the rate of inflation.
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Page 15
Chapter 14: Developing Countries and International
Finance I: the Latin American Debt Crisis
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33728
Sample Questions
Q1) Throughout the postwar period,private capital flows have been larger than foreign aid flows.
A)True
B)False
Q2) What are the pros and cons of IMF conditionality to the funds it extends to developing countries?
Q3) Rising American interest rates in the early 1980s were transferred directly to Latin America because two-thirds of Latin American debt carried variable interest rates.
A)True
B)False
Q4) Explain how and why domestic politics in developing countries caused most governments to delay implementation of stabilization and structural adjustment programs.
Q5) The Cold War did not contribute to the tremendous growth of foreign aid programs during the 1960s.
A)True
B)False
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Chapter 15: Developing Countries and International
Finance II: a Decade of Crises
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45 Verified Questions
45 Flashcards
Source URL: https://quizplus.com/quiz/33729
Sample Questions
Q1) Asia was the largest recipient of capital inflows,accounting for almost _____ of total flows to all developing countries in the first half of the 1990s.
A) 10%
B) 30%
C) 50%
D) 70%
E) 90%
Q2) Explain how the problem of "moral hazard" made it especially difficult for Asian banks to intermediate safely between international and domestic financial markets.
Q3) East Asian governments drew one overarching lesson from the crisis and crisis management -
A) do not let the economy become vulnerable to IMF intervention.
B) IMF conditions reflected Japanese interests.
C) IMF conditions reflected Chinese interests.
D) IMF conditions reflected American interests.
E) IMF discipline was necessary to control political corruption.
Q4) Discuss the pros and cons of China's status as a large lender to the United States.What can the United Sates do to reduce its vulnerability?
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Chapter 16: Globalization: Consequences and Controversies
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45 Flashcards
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Sample Questions
Q1) The most important element of the climate change issue in the context of WTO rules is that
A) a global climate change regime is based on asymmetrical obligations that severely affect trade competitiveness.
B) border adjustments are essentially non-tariff barriers.
C) border adjustments are inherently discriminatory.
D) the United States refuses to accept a competitive disadvantage for American business.
E) China and India want to achieve a competitive advantage relative to the advanced industrial countries.
Q2) Total world income has risen much more rapidly during the last 40 years than it did during the nineteenth and first half of the twentieth century.
A)True
B)False
Q3) Discuss and analyze Oatley's claim that the fate of the world's poor is in the hands of rather poorly informed American voters.Do you believe that Oatley's overall arguments about the political costs and economic benefits of globalization were fair and balanced?
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Page 18