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POS 486 - POS 486 MIDTERM EXAM. QUESTIONS AND ANSWERS. COMPLETE SOLUTIONS. A+ GRADED.



Question 1

0 out of 2.5 points

Which of the following is NOT a policy that trade liberalization would seek to

eliminate?

Selected

Answer:

4.

domestic content

requirements

Correct

Answer:

2.

trade agreements

Response

Feedback:

Refer to Chapter 1, pp. 22-24, and

Assignment 1

 Question 2

2.5 out of 2.5 points

Which of the following does NOT describe the WTO?

Selected

Answer:

2.

was dra...
POS 486 - POS 486 MIDTERM EXAM. QUESTIONS AND ANSWERS. COMPLETE SOLUTIONS. A+ GRADED.
Last document update:
ago
POS 486 - POS 486 MIDTERM EXAM. QUESTIONS AND ANSWERS. COMPLETE SOLUTIONS. A+ GRADED.



Question 1

0 out of 2.5 points

Which of the following is NOT a policy that trade liberalization would seek to

eliminate?

Selected

Answer:

4.

domestic content

requirements

Correct

Answer:

2.

trade agreements

Response

Feedback:

Refer to Chapter 1, pp. 22-24, and

Assignment 1

 Question 2

2.5 out of 2.5 points

Which of the following does NOT describe the WTO?

Selected

Answer:

2.

was dra...
POS 486 FINAL EXAM - Questions, Answers and Response Feedback
Exam (elaborations) • 15
pages
• 2021
POS 486 FINAL EXAM - Questions, Answers and Response Feedback Question 1 Free trade alters supply and demand by Question 2 In a liberalized country with an abundance of labor and land but little capit al, we would expect Question 3 When U.S. automakers (the Big 3) sought a bailout from the federal government in 2008, the sectoral model would predict Question 4 In a factor-based model of trade, if a developing country begins producing more shoes and fewer aviation systems, who benefits? Question ...
POS 486 FINAL EXAM - Questions, Answers and Response Feedback
Last document update:
ago
POS 486 FINAL EXAM - Questions, Answers and Response Feedback Question 1 Free trade alters supply and demand by Question 2 In a liberalized country with an abundance of labor and land but little capit al, we would expect Question 3 When U.S. automakers (the Big 3) sought a bailout from the federal government in 2008, the sectoral model would predict Question 4 In a factor-based model of trade, if a developing country begins producing more shoes and fewer aviation systems, who benefits? Question ...
POS 486 MIDTERM EXAM - Questions, Answers and Response Feedback
Exam (elaborations) • 14
pages
• 2021
POS 486 MIDTERM Which of the following is NOT a policy that trade liberalization would seek to eliminate? Which of the following does NOT describe the WTO? The WTO relies on The majority of regional t rade agreements The enforcement problem of trade agreements refers to the fact that If more trade is created than diverted, a regional trade agreement (RTA) The difference between a FTA and a Customs Union Consumption Indifference Curves In an autarkic country, the `production possibility frontier...
POS 486 MIDTERM EXAM - Questions, Answers and Response Feedback
Last document update:
ago
POS 486 MIDTERM Which of the following is NOT a policy that trade liberalization would seek to eliminate? Which of the following does NOT describe the WTO? The WTO relies on The majority of regional t rade agreements The enforcement problem of trade agreements refers to the fact that If more trade is created than diverted, a regional trade agreement (RTA) The difference between a FTA and a Customs Union Consumption Indifference Curves In an autarkic country, the `production possibility frontier...
POS 486 FINAL EXAM - Questions, Answers and Response Feedback
Exam (elaborations) • 15
pages
• 2021
POS 486 FINAL EXAM - Questions, Answers and Response Feedback Question 1 Free trade alters supply and demand by Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Question 3 When U.S. automakers (the Big 3) sought a bailout from the federal government in 2008, the sectoral model would predict Question 4 In a factor-based model of trade, if a developing country begins producing more shoes and fewer aviation systems, who benefits? Question 5...
POS 486 FINAL EXAM - Questions, Answers and Response Feedback
Last document update:
ago
POS 486 FINAL EXAM - Questions, Answers and Response Feedback Question 1 Free trade alters supply and demand by Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Question 3 When U.S. automakers (the Big 3) sought a bailout from the federal government in 2008, the sectoral model would predict Question 4 In a factor-based model of trade, if a developing country begins producing more shoes and fewer aviation systems, who benefits? Question 5...
POS 486 MIDTERM EXAM - Questions, Answers and Response Feedback
Exam (elaborations) • 14
pages
• 2021
POS 486 MIDTERM Which of the following is NOT a policy that trade liberalization would seek to eliminate? Which of the following does NOT describe the WTO? The WTO relies on The majority of regional trade agreements The enforcement problem of trade agreements refers to the fact that If more trade is created than diverted, a regional trade agreement (RTA) The difference between a FTA and a Customs Union Consumption Indifference Curves In an autarkic country, the `production possibility frontier'...
POS 486 MIDTERM EXAM - Questions, Answers and Response Feedback
Last document update:
ago
POS 486 MIDTERM Which of the following is NOT a policy that trade liberalization would seek to eliminate? Which of the following does NOT describe the WTO? The WTO relies on The majority of regional trade agreements The enforcement problem of trade agreements refers to the fact that If more trade is created than diverted, a regional trade agreement (RTA) The difference between a FTA and a Customs Union Consumption Indifference Curves In an autarkic country, the `production possibility frontier'...
Fall 2018: Instructor Schatzman Assignment 2
Exam (elaborations) • 2
pages
• 2021
1. Given the domestic costs of maintaining a fixed exchange rate, most of the world's largest economies

allow their currencies to float against one another. List two reasons why a government would choose a

fixed exchange rate system rather than a floating exchange rate (1pt)

Provides an exchange rate stability

Can limit rates of inflation with proper monetary controls
Fall 2018: Instructor Schatzman Assignment 2
Last document update:
ago
1. Given the domestic costs of maintaining a fixed exchange rate, most of the world's largest economies

allow their currencies to float against one another. List two reasons why a government would choose a

fixed exchange rate system rather than a floating exchange rate (1pt)

Provides an exchange rate stability

Can limit rates of inflation with proper monetary controls