Chapter 07 Check My Learning Quiz

International Political Economy and Development

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The United States spent about _______ in aid for the Marshall Plan.

The United States assumed a the major global financial role in the _____.

What is the size of the GDP of the United States in U.S. dollars?

Historically, a state's financial resources consisted of

National currencies can be converted into other currencies at the

John Maynard Keynes is the father of

Economic liberalism first became prominent in the

Who was an early proponent of economic liberalism?

Along with Margaret Thatcher, President _________ is closely associated with promoting liberal economic principles.

The World Bank and International Monetary Fund were created in

GATT stands for

The 1947 GATT was the immediate precursor to which organization?

How many members does the WTO have?

Which state was first subsidized by the Soviet Union and then Venezuela?

The most recent major recession began in ____ and ended in ____.

How many people in the world live on less than $1.90 per day?

Which country had the world's second-largest economy in 2010?

International political economy (IPE) can be defined as

What is the difference between the value of exports and imports?

Which of the following is NOT a mercantilist principle?

Mercantilism is MOST often associated with

Protectionism is

Which of the following is NOT a protectionist measure?

Which approach to IPE sees the MOST positive role for free trade?

_____ believe that the Marshall Plan promoted beliefs in free markets in Europe.

Which approach to IPE focuses on the role of social identities and norms?

Places perceived as _____, as a rule, ____ international investors.

Which approach to IPE is MOST concerned with the role and impact of economic inequality?

__________ is strongly associated with promoting free trade, whereas ____________ looks at how free trade can lead to economic inequality.

Which of the following countries exemplified the failure of Marxist economic policies?

After 2006, the Iranian president, Mahmoud Ahmadinejad, openly pushed the development of

After the terrorist attacks of September 11, 2001,

In _____ a mortgage crisis began in ___________.

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