BA+178+Midterm+Exam+A+Summer+2007

BA+178+Midterm+Exam+A+Summer+2007 - BA 178 Midterm Exam A...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
BA 178 Midterm Exam A Summer 2007 Student: _____________________________________ Section: _____am _____pm Instructions: Answer all of the questions in Part A, 2 questions in Part B, and 1 question each in Parts C and D. One page of notes is allowed; no other materials may be used. Any instance of cheating will result in failure of the exam. Part A Answer all the questions in this part selecting the best answer for each question. Write your answer on the Scantron form. (2 points each, 40 points total) 1. The _______ is primarily responsible for policing the world trading system and making sure nation-states adhere to the rules laid down in trade treaties signed by member states. A. International Monetary Fund B. World Bank C. United Nations D. World Trade Organization 2. _________ argued that development should be assessed less by material output measures and more by the capabilities and opportunities that people enjoy. A. Adam Smith B. Aristotle C. Amartya Sen D. John Dunning
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
3. Two major trends that have emerged since the late 1980s in the political economies of many of the world's national states are A. the wave of communist revolutions that have swept the world and the strong move away from free market economies toward more centrally planned economies. B. the wave of socialistic revolutions that have swept the world and the strong move away from free market economies toward more centrally planned and mixed economies. C. the wave of democratic revolutions across the world and the strong move away from centrally planned and mixed economies toward more free market economies. D. the wave of totalitarian revolutions across the world and the strong move away from centrally planned and mixed economies toward more free market economies. 4. The U.S. has a highly skilled labor force and cutting edge technology. China has a relatively cheap labor force. According to Ricardo, the U.S. should produce and export ________, while China should produce and export _______. A. textiles, oil
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 12

BA+178+Midterm+Exam+A+Summer+2007 - BA 178 Midterm Exam A...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online