A) more redistribution of wealth to the lower social classes.
B) getting away from the "one-size-fits-all" mentality in the IMF and World Bank.
C) reducing developed countries' subsidization of their own industries.
D) harmonizing all major regulations across developed countries.
Correct Answer
verified
Correct Answer
verified
A) a rich and powerful state that supplies the international public goods necessary for a peaceful and prosperous global economy.
B) a strong nation that uses its wealth and power to set the rules of the IPE, so as to gain more wealth and power for itself.
C) a free rider.
D) a strong capitalist nation that uses its power to exploit less developed countries.
Correct Answer
verified
A
Correct Answer
verified
A) the efficient market hypothesis.
B) the ability of markets to self-govern.
C) the need to cut taxes on the wealthy to spur investment.
D) the new constitutionalism.
E) all of the above.
Correct Answer
verified
Correct Answer
verified
Correct Answer
Answered by ExamLex AI
Classical liberalism is a political and ...View Answer
Correct Answer
Answered by ExamLex AI
View Answer
A) International markets should be subject to political regulations in order to protect domestic social interests.
B) Foreign aid should be used in some cases where markets have failed to help the poor.
C) Consumers make rational (individual) choices that result in unexpected damaging outcomes that hurt the community.
D) The state needs to intervene in the economy because markets fail.
Correct Answer
verified
Correct Answer
verified
A) Ben Bernanke
B) Simon Johnson
C) George W. Bush
D) Alan Greenspan
Correct Answer
verified
Correct Answer
verified
Correct Answer
Answered by ExamLex AI
Economic liberal values and policies, wh...View Answer
Correct Answer
Answered by ExamLex AI
View Answer
A) They both favored market deregulation.
B) They both owe a lot to the ideas of Adam Smith, David Ricardo, and Milton Friedman.
C) They both recommended selling off (privatizing) public industries to allow for more competition and competitive pricing.
D) They both agreed that the United States should have an empire like Great Britain did in the nineteenth century.
Correct Answer
verified
D
Correct Answer
verified
A) Markets are naturally self-regulating.
B) Private decisions should guide much of society's resource allocation, but the state may need to ensure some income redistribution.
C) A society needs "sound money."
D) The market requires an appropriate set of legal and political institutions.
Correct Answer
verified
Correct Answer
verified
A) Joseph Stiglitz
B) Paul Collier
C) William Easterly
D) Thomas Friedman
Correct Answer
verified
D
Correct Answer
verified
A) No society can flourish and be happy if the far greater number of its members is poor and miserable.
B) Parliament should always represent the interests of the working class.
C) Bankers and special interests should have more influence in the legislature given the economic benefit derived from their investments in industry.
D) Serving one's own interests in a competitive society means competing to best serve the interests of industrial society.
Correct Answer
verified
Correct Answer
verified
Correct Answer
Answered by ExamLex AI
John Stuart Mill and John Maynard Keynes...View Answer
Correct Answer
Answered by ExamLex AI
View Answer
Correct Answer
Answered by ExamLex AI
Adam Smith and John Maynard Keynes are b...View Answer
Correct Answer
Answered by ExamLex AI
View Answer
Correct Answer
Answered by ExamLex AI
Ordoliberalism and neoliberalism are bot...View Answer
Correct Answer
Answered by ExamLex AI
View Answer
Correct Answer
Answered by ExamLex AI
Liberals such as David Ricardo view inte...View Answer
Correct Answer
Answered by ExamLex AI
View Answer
A) Open markets promote efficiency.
B) Free trade binds nations together and promotes the universal good.
C) Free trade is a zero-sum game
D) Open markets lead to greater wealth.
Correct Answer
verified
Correct Answer
verified
A) government regulation.
B) individual self-interests and choices.
C) hegemonic stability.
D) hidden income taxes.
Correct Answer
verified
Correct Answer
verified
Correct Answer
Answered by ExamLex AI
John Maynard Keynes was a prominent econ...View Answer
Correct Answer
Answered by ExamLex AI
View Answer
A) the existence of markets for land, labor, commodities, and money
B) freedom of enterprise
C) democratic institutions
D) the right to private property
E) markets coordinate society's economic activities
Correct Answer
verified
Correct Answer
verified
A) the need for less state regulation of the economy.
B) that states should do more to stimulate industrial output and free trade.
C) that selective state action is needed when individual initiative inadequately promote social welfare.
D) that strong powers have legitimate interests in promoting social progress in their colonies.
Correct Answer
verified
Correct Answer
verified
Showing 1 - 20 of 20
Related Exams