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Chapter 5 Self-test questions
Return to US Foreign Policy 3e student resources
Chapter 5 Self-test questions
The Economic Rise of a Superpower: From Washington to Trump
Quiz Content
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What led Britain to impose new taxes on their American colonies?
To increase the wealth of King George III
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The growing costs of war with France
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Anger at America's growing prosperity
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Pressure from rich merchants
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What policies did Alexander Hamilton pursue to build the American economy?
Free trade with all European countries on an equal basis and a smaller government role in the economy
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Establishment of a national currency and higher government spending
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Tariffs to protect American manufacturing, establishment of a national bank, and the repayment of all debts.
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Limits on immigration and imported technology to encourage higher wages
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How did World War I shift economic power from Europe to the United States?
The war reduced European population levels below that of the United States
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The United States seized German resources after the war
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European countries paid the United States for assistance
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The United States became a creditor country and financial centre, with European war spending boosting the US economy
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What was established at Bretton Woods in 1994 to stabilize the global economy?
The International Monetary Fund (IMF)
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The US Dollar as the world's reserve currency
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The General Agreement on Tariffs and Trade (GATT)
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All of the above
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What case did President Eisenhower make against the 'military-industrial complex' in his farewell speech?
That the capitalist search for profits was the leading cause of armed conflict
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That the United States no longer needed to be militarily strong
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That military spending gave the arms industry unwarranted influence on politics and government
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That private companies would undermine the role of the Armed Forces
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What did Paul Kennedy argue in his book The Rise and Fall of the Great Powers?
All of the world's leading economies were declining due to low growth and inflation
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The United States could no longer remain a superpower and was in decline
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The soft power of the United States would allow it to avoid decline
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The rise of Japan had been exaggerated
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Who said "Globalization is not something we can hold off or turn off. It is the economic equivalent of a force of nature-like wind or water"?
Ronald Reagan
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George Soros
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Bill Clinton
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George W. Bush
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How did the 2008 financial crisis affect America's international reputation?
It damaged support for the US model of political economy and capitalism
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It created anger at the United States for exaggerating the crisis
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It increased support for American global leadership under President Obama
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It reduced global use of the US dollar
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How did Donald Trump attack globalization in the 2016 campaign?
Globalization had made men like him too rich
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Globalization only benefited certain American states, such as New York
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Liberal elites had encouraged globalization, while 'ordinary Americans' lost jobs because of it
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Globalization encouraged damaging trade wars
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What factors can be used to argue against US decline and a 'Post-American world'?
The United States wins more Nobel Prizes than any other country
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The United States is still the world's largest economy
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World GDP is falling faster than American GDP
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Both a and b
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