Test Bank Chapter 16 Global Political Economynicola Phillips

Type: multiple choice question

Title: Chapter 16 - Question 01

01) The Bretton Woods system was originally designed to prevent another Great Depression and advance the economic interests of the United States.

a. True

b. False

Type: multiple choice question

Title: Chapter 16 - Question 02

02) The explosive growth in levels of global inequality has been driven primarily by a dramatic acceleration of wealth accumulation rather than a worsening of poverty.

a. True

b. False

Type: multiple choice question

Title: Chapter 16 - Question 03

03) The ‘realist’ tradition of IPE focuses on the ability of institutions to foster trade on the open global market.

a. True

b. False

Type: multiple choice question

Title: Chapter 16 - Question 04

04) Neo-Gramscians advance the core Marxist concern with the power structures that underpin capitalism, but also place more emphasis on the ‘ideology’ or sets of ideas that themselves form a part of the structure of the global political economy.

a. True

b. False

Type: multiple choice question

Title: Chapter 16 - Question 05

05) Institutionalism is concerned first and foremost with patterns of cooperation among states, and how ‘inter-national’ dynamics of power, refracted through the creation of national and international institutions, shape outcomes in terms of collective action among states.

a. True

b. False

Type: multiple choice question

Title: Chapter 16 - Question 06

06) What international institution was not part of the Bretton Woods system at its inception?

a. The International Monetary Fund (IMF)

b. The IBRD

c. The GATT

d. The United Nations

Type: multiple choice question

Title: Chapter 16 - Question 07

07) Which of the following established the European Economic Community?

a. The Marshall Plan

b. The Lisbon Treaty

c. The Treaty of Rome

d. The Paris Treaty

Type: multiple choice question

Title: Chapter 16 - Question 08

08) Which of the following is not true of forced labour?

a. Forced labour occurs across a wide range of industries and sectors.

b. Forced labour can involve threatened or actual violence.

c. Forced labour is not a problem in ‘rich’ countries.

d. Forced labour often involves a lack of formal contracts and features employees who are indebted to their employers.

Type: multiple choice question

Title: Chapter 16 - Question 09

09) All of the following are true of contemporary migration except...

a. Migration flows are centred on a ‘south–north’ movement from poorer to richer countries.

b. Migrants who are highly educated, paid, and mobile are ‘winners’ from globalization because their mobility allows them to create opportunities for themselves.

c. Migrants working in low-paid, low-skill parts of global production or in sectors supplying services to the more privileged, professional parts of society are vulnerable to exploitation.

d. Migrant workers often lack the power to engage in political action concerning wages and working conditions.

Type: multiple choice question

Title: Chapter 16 - Question 10

10) The broadly adopted neoliberal approach that advocates the roll-back of the state, the deregulation of the economy, and the maintenance of fiscal discipline, came to be known as __________.

a. the Marshall Plan

b. the Washington Consensus

c. structural adjustment

d. deregulation

Type: multiple choice question

Title: Chapter 16 - Question 11

11) The realist perspective on IPE is also known as the ______ perspective?

a. liberal

b. Marxist

c. nationalist

d. neo-realist

Type: multiple choice question

Title: Chapter 16 - Question 12

12) IPE’s rich thematic interests are generally considered to centre on the trio of…

a. Trade, production, and finance.

b. Consumption, production, and macroeconomic policies.

c. State regulation, international financial institutions, and trade.

d. Consumption, finance, and international regulatory institutions.

Type: multiple choice question

Title: Chapter 16 - Question 13

13) The future of globalization might include…

a. The demise of the current neoliberal model of globalization.

b. The rise of an alternative model of globalization, perhaps shaped by China and the rising powers.

c. The maintenance of the status quo, despite current turbulence, because the forces of globalization have become so powerful.

d. All of the options given are correct.

Type: multiple choice question

Title: Chapter 16 - Question 14

14) Which of the following is not always considered a BRICs state?

a. India

b. Russia

c. South Africa

d. China

Type: multiple choice question

Title: Chapter 16 - Question 15

15) Underdevelopment theory argued that it was not possible for all less developed countries to ‘catch up’ to the advanced West because of the lasting effects of colonialism and because in a capitalist system development depends on underdevelopment.

a. True

b. False