🤝International Relations MCQs
International Relations MCQs
483 MCQs451
If regional free-trade areas such as now exist in Europe and North America gain strength, and new ones arise,
Athe WTO will likely be replaced by the International Monetary Fund
Bthe more necessary the WTO will be
Ca world-wide common market will soon be achieved
Dthe WTO may be weakened
452
Keynesian economics advocates:
Astimulus spending to increase inflation
Bdeficit reduction to increase economic growth
Cdeficit spending to stimulate the economy
Dfiscal restraint to bring down inflation
453
Which of the following is NOT and attribute of the Special Drawing Right?
AIt is linked in value to a basket of several key international currencies
BIt can be owned by states or companies, but not by individuals
CIt is the closest thing to a world currency that exists
DIt is created in limited amounts by the IMF
454
What institution coordinates international currency exchange, the balance of international payments, and national accounts?
AInternational Monetary Fund
BAll these answers are correct
CWorld Bank
DWorld Exchange Organization
455
__________ involves tangible goods such cannot be traded and moved freely like paper investments.
APortfolio investment
BFiduciary investment
CForeign direct investment
DCurrency investment
456
“Autarky” is (are):
Ainterdependence
Bstate-sponsored sanctions
Cself-reliance
Dimport reliant
457
A unilateral move to reduce the value of one’s own currency by changing a fixed or official exchange rate is known as:
Arevaluation
Breduction
Crestructuring
Ddevaluation
458
Which of these is NOT a form of standing wealth?
Ahard currency reserves
Bhomes
Cfactories
DNone of these answers is correct
459
A tax imposed on certain types of imported goods is:
Aa tariff
Ba surcharge
Ca subsidy
Da severance tax
460
Which of these nations illustrates the problems with autarky?
AChina
Bthe United States
CSingapore
DFrance