Exam 3 - ISS 315: Global Diversity and Interdependence Dr....

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ISS 315 005 Form B-1 Dr. Handrick ISS 315: Global Diversity and Interdependence Name: _______________________________ Dr. Handrick Fall 2007 Q u i z 3 Form B PID: ________________________________ 1. This exam is… A) Form A B) Form B 2. Around the time of the American Civil War: A) Napoleon III sent 30,000 French troops to Mexico B) Great Britain sent its cavalry to Mexico C) United States sent Union Army to Mexico D) Spain, under Napoleon III sent many troops to occupy Mexico 3. Which of the following was not an objective of the General Agreement on Trade and Tariffs? A) Reduction of tariffs from 40% in 1940 to 5% in 1993 B) Increase in the number of specialized bilateral trade agreements. C) Prohibition of quantitative restrictions and other non-tariff barriers (NTBs) to trade D) Elimination of trade discrimination 4. US has applied the principle of the most favored nation to: A) All trading partners since 1934 C) Western European countries only B) East Asian Countries only D) Japan and China only 5. The adoption of a generalized system of preferences (GPS) in 1965 A) Granted preferential access to manufactured and semi-manufactured good exported from developing countries to developing ones B) Permitted non-reciprocal trading agreements C) Made export processing zones (EPZs) possible D) All of the above 6. According to the lecture: A) Rebellion in Chiapas was a declaration of class warfare as was the case with the Marxist Shining Path in Peru B) Rebellion in Chiapas was not a declaration of ethnic warfare but an appeal to the fundamental values of democracy and equality shared by all Mexicans. C) Rebellion in Chiapas was a declaration of ethnic warfare based on religion as was the case with the Serbs in Bosnia D) Rebellion in Chiapas was a declaration of irredentist warfare as was the case with the natives of Hawaii in the twentieth century 7. In his book, Thurow argues that: A) The GATT-BrettonWoods system is the system of the future B) The GATT-BrettonWoods system was created to help most of the industrial world rebuild from the destruction of World War II and to catch up with the United States. C) The GATT-BrettonWoods institutions were designed to help Third World countries to rebuild their economies at the end of the Cold War D) The GATT-Bretton Woods institutions were designed to help countries of Latin America to rebuild their economies after world war 8. The 2005 U.S.-Peru Free Trade Agreement that was approved by the House of Representatives in November 2007 will immediately eliminate duties on 80% on industrial and consumer exports to Peru and open the U.S. market to Peruvian manufactured and agricultural goods. These special bilateral arrangements: A) Are displacing the multilateral process created under GATT to facilitate trade between countries. B)
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Exam 3 - ISS 315: Global Diversity and Interdependence Dr....

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