* not completed

. What are cross-border transactions?

Movement across borders of countries of goods, people, money, investments etc. correct incorrect

Globalization. correct incorrect

International trade. correct incorrect

None of the options given are correct. correct incorrect

* not completed

. What is the name of the famous book published just before the end of the Second World War, by Karl Polanyi?

The Great Depression correct incorrect

The Great Markets. correct incorrect

Transformation and Markets correct incorrect

The Great Transformation. correct incorrect

* not completed

. Which countries had their own East India Companies by the eighteenth century?

Britain. correct incorrect

The Netherlands, Denmark and Portugal. correct incorrect

France and Sweden. correct incorrect

All of the options given are correct correct incorrect

* not completed

. When the housing market boom first began to unravel globally in 2007 banks discovered their over-exposure to what?

Derivatives. correct incorrect

Shoddy buildings. correct incorrect

Politically motivated loans. correct incorrect

'Toxic assets' of mortgage-backed securities correct incorrect

* not completed

. What is 'The Quad' at the World Trade Organization (WTO)?

The coffee shop at the WTO. correct incorrect

The decision-making structure within the WTO. correct incorrect

The four most powerful countries within the WTO. correct incorrect

The four department directors within the WTO. correct incorrect

* not completed

. Which of the following is NOT a major public global governance agency for trade and finance?

Group of 8 (G8) correct incorrect

International Organization of Securities Commissions (IOSCO) correct incorrect

WHO correct incorrect

* not completed

. What was the response to the crisis conditions of the 1970s?

Increased government intervention. correct incorrect

A turn against government intervention in the economy. correct incorrect

To ignore economics entirely. correct incorrect

None of the options given are correct. correct incorrect

* not completed

. By how much did the value of the currency of Thailand, South Korea, the Philippines and Malaysia fall during the Asian financial crisis of 1997/1998?

60%. correct incorrect

20%. correct incorrect

30%. correct incorrect

32%. correct incorrect

* not completed

. Which of the following is not a way in which governments lure foreign investment?

By devaluing their currency. correct incorrect

By relaxing labour and environmental standards. correct incorrect

By reducing restrictions on repatriation of profits. correct incorrect

* not completed

. Order the following events in global trade and finance.

Establishment of electronic stock exchange correct incorrect

i, ii, iii correct incorrect

ii, iii, i correct incorrect

iii, i, ii correct incorrect

iii, ii, I correct incorrect