between $5 trillion and $10 trillion. between $10 trillion and $15 trillion. between $15 trillion and $20 trillion. Answer: c; Page: 4; Skill: Understanding The international monetary system primarily facilitates the international exchange of national currencies. the national exchange of international currencies. the interest rates of national currencies. the international regulation of economic foreign aid. the international regulation of foreign direct investment. Answer: a; Page: 4; Skill: Understanding Multinational corporations account for 1/4 of the world’s economic production & 1/4 of the world’s trade. 1/4 of the world’s economic production & 1/3 of the world’s trade. 1/2 of the world’s economic production & 1/2 of the world’s trade. 1/2 of the world’s economic production & 3/4 of the world’s trade. 3/4 of the world’s economic production & 1/2 of the world’s trade. Answer: b; Page: 4; Skill: Understanding Economic development strategies in the post WWII era in developing countries have been largely unsuccessful in the newly industrializing countries of East Asia. have been largely successful in the developing countries of East Africa. have been largely successful in the newly industrializing countries of East Asia. have been largely successful in all developing countries. have been largely unsuccessful in all developing countries. Answer: c; Page: 5; Application about resource allocation decisions Welfare consequences determine the level of societal well-being in a country. influence how income is distributed between nations in the international system. influence how income is distributed between groups within countries. are determined by the national attitudes toward hard work. determine the level of democratic participation in a country. Answer: a; Page: 6; Skill: Understanding about resource allocation decisions Distributional consequences
between $5 trillion and $10 trillion. between $10 trillion and $15 trillion. between $15 trillion and $20 trillion. Answer: c; Page: 4; Skill: Understanding The international monetary system primarily facilitates the international exchange of national currencies. the national exchange of international currencies. the interest rates of national currencies. the international regulation of economic foreign aid. the international regulation of foreign direct investment. Answer: a; Page: 4; Skill: Understanding Multinational corporations account for 1/4 of the world’s economic production & 1/4 of the world’s trade. 1/4 of the world’s economic production & 1/3 of the world’s trade. 1/2 of the world’s economic production & 1/2 of the world’s trade. 1/2 of the world’s economic production & 3/4 of the world’s trade. 3/4 of the world’s economic production & 1/2 of the world’s trade. Answer: b; Page: 4; Skill: Understanding Economic development strategies in the post WWII era in developing countries have been largely unsuccessful in the newly industrializing countries of East Asia. have been largely successful in the developing countries of East Africa. have been largely successful in the newly industrializing countries of East Asia. have been largely successful in all developing countries. have been largely unsuccessful in all developing countries. Answer: c; Page: 5; Application Welfare consequences about resource allocation decisions determine the level of societal well-being in a country. influence how income is distributed between nations in the international system. influence how income is distributed between groups within countries. are determined by the national attitudes toward hard work. determine the level of democratic participation in a country. Answer: a; Page: 6; Skill: Understanding Distributional consequences about resource allocation decisions
test-bank-international-political-economy-5th-edition-thomas-oatley.docx