Chapter 7 Self-test questions

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. How many countries have formally adopted the Euro as their currency?

19 correct incorrect

29 correct incorrect

9 correct incorrect

10 correct incorrect

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. What is meant by Keynesianism?

Keynesianism is a school of thought in medical science. correct incorrect

Keynesianism is a school of thought in economics. correct incorrect

Keynesianism is a school of thought dominant in the republic of Kenya. correct incorrect

Keynesianism is a medieval type of schooling. correct incorrect

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. What is meant by neoliberalism?

Neoliberalism refers to the idea that the market should have minimal regulation. correct incorrect

Neoliberalism refers to the idea that the market should have maximum regulation. correct incorrect

Neoliberalism refers to the idea that markets are a social construct and should be abolished. correct incorrect

Neoliberalism refers to the idea that markets are unnecessary. correct incorrect

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. What is the EU's budget as a percentage of the combined GNI of the member states?

Approximately 4% correct incorrect

Approximately 0.01% correct incorrect

Approximately 7.5% correct incorrect

Approximately 1.4% correct incorrect

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. Implementing EU policy at national level requires two steps, namely

transposition and implementation. correct incorrect

overcorrection and undercorrection. correct incorrect

translation and copywriting. correct incorrect

transposition and translation. correct incorrect

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. Competition policy is

one of the EU's exclusive competences. correct incorrect

not one of the EU's exclusive competences. correct incorrect

one of the EU's shared competences. correct incorrect

uninteresting to the EU. correct incorrect

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. Restrictive practices are

disagreements between firms that intend or result in the prevention, restriction, or distortion of competition within the internal market. correct incorrect

agreements between member states that intend or result in the prevention, restriction, or distortion of competition within the internal market. correct incorrect

agreements between firms that intend or result in the prevention, restriction, or distortion of competition within the internal market. correct incorrect

disagreements between member states that intend or result in the prevention, restriction, or distortion of competition within the internal market. correct incorrect

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. Are state-owned firms permitted within the EU?

No correct incorrect

Yes correct incorrect

They haven't been, but they will soon be. correct incorrect

State-owned firms do not exist in the EU, so no decision is necessary. correct incorrect

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. When was the European Arrest Warrant introduced?

In 2004 correct incorrect

In 2020 correct incorrect

In 1981 correct incorrect

Never correct incorrect

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. What is Frontex?

European Border and Coast Guard Agency correct incorrect

European Economic Regulatory Agency correct incorrect

European Educational Framework correct incorrect

European Deradicalization Network correct incorrect