Ünite Sınavı Soruları

_________________________ is concerned with the international division of labor created by the capitalist system. It sees that the division of labor is unfair, creating categories of rich and poor people, as well as rich and poor nations, at the macro level.

A: Advanced capitalism divides people into several classes, two of which are especially important: the capitalists and the workers, or the rich and the poor. The capitalists own everything, have all the power and all the money, whereas the workers do all the work, but have no power and no money.

B: The simple formula is that industrial power equals national power and national power equals independence.

Which of the following matching is true according to expressions of A and B?

I. All economic decisions should be made by the market place and by the market place, it is meant free market.

II. Along with innovation, a division of labor is needed. Everyone finds a niche to make a living. If one loses a competition, he or she moves on to another one.

III. nations can and should be specialized in certain arenas as well.

Which approach is described by the above sentences in international political economy?

Which IPE approach argues that closing off an economy to external influences can be beneficial to growth and economic progress?

Which of the following statements best explains the economic nationalist view of the politics of international economy?

1. Free trade only benefits the wealthiest, most advanced nations.
2. The simple formula is that industrial power equals national power and national power equals independence.
3. The key to economic growth is free trade, the free flow of goods, services and investment across borders.
4. The key to national wealth, and therefore national power, is economic growth.

Which of the above is/are the argument(s) of economic liberalism approach formulated by Adam Smith and the one(s) which can be used by a debater who advocates economic nationalism to strenghten his/her position?

1. Adam Smith
2. David Ricardo
3. Alexander Hamilton
4. Friedrich List
5. Karl Marx
6. Friedrich Engels

Which of the theorists above can be said to be the main theorists of economic structualism approach?

Which of the following institutions was establised to promote liberal economic principles, like non-discrimination in trade, support for foreign enterprises and preferential access to developed markets?

The dependency approach is a sub-approach of:

1. The world system is most prosperous when there is a hegemon to organize the international political and economic system.
2. When hegemony breaks down, it is assumed, the international system falls into disorder, with the resulting decline in peace and prosperity.
3. The hegemon comes to the conclusion that it is unable to bear the costs of the system it has created.
4. At some point, either the hegemon begins to put domestic interests over its international obligations or it becomes too weak to realize its widespread commitments.

What assumptions does the theory of hegemonic stability hold?

Which of the following isnot one of the G20 countries?

Which of the following is responsible for implementing the most comprehensive trade agreement in history?

High rates of unemployment

Low level of income

Recession

Decreasing growth in local economy

Deprivation of human needs for many

All of the above terms are the results of economic _______________

Which country was the center of the Industrial Revolution, the major trading state and source of international capital in the 19^th century?

Adam Smith is one of the main representatives of:

1. high-tech trade rivalry
2. unpredictable economic crises
3. illicit market

Which of the above areas pose serious challenge to economic globalization and the triumph of economic liberalism?

1. MNCs create job opportunities for many and technologically advanced goods.
2. By producing the same quality of goods at lower costs, multinationals reduce prices and increase the purchasing power of consumers worldwide.
3. Through enhanced international trade and growing interdependence, national differences would vanish and increasing economic well-being would eventually lead to world peace.
4. Multinationals have undue political influence over governments, exploit developing nations, and create job losses in their own home countries.
5. MNCs have a detrimental effect on the environment because their operations may encourage land development and the depletion of local resources.
6. The introduction of multinationals into a host country’s economy may lead to the downfall of smaller, local businesses as well, since MNCs have better products and they can afford to even offer them at lower prices, as they have the financial resources to buy in bulk.

Which of the arguments above can be expressed by the one who is opposed to MNCs?