Which of the following describes the primary impact of devaluation of a nation's currency?
a. It increases exports.
b. It lowers taxes.
c. It increases the spending power of citizens within that country.
d. It lowers interest rates.
e. All of the above are true.
A
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What does it mean to say that treaty obligations are costly signals?
a. Leaders pay a high price for the opportunity to join an international treaty. b. Only wealthy states comply with international treaties. c. Leaders pay a high price for violating their international commitments. d. Leaders pay a high price for signaling their willingness to join international treaties.
An "obsolescing bargain" refers to
a. a bargain in which the power of the multinational company increases in terms of its bargaining with the host country. b. a bargain in which the power of the multinational company diminishes in terms of its bargaining with the host country. c. a bargain between a multinational company and a host country that has a built-in termination date. d. a bargain between a multinational company and a host country that has a planned, scheduled turnover of assets to the host country. e. a bargain between a multinational company and a host country in which the host country earns a regularly higher percentage of the corporation's profits.
Contrary to intuition, people in the poorest countries are the least mobile. This speaks to which fact about migration?
A. Migration is mostly an urban affair. B. Urbanization in developing populations often means growing slums. C. Development makes migration more likely. D. Over the long run, migration policies have become less restrictive.
The U.S. Constitution is recognized as the supreme law of the land because __________.
a. of the widespread dissatisfaction with the weak federal government that had existed under the Articles of Confederation b. a single document was needed to outline to other nations the governing system that the Founders had created c. some states lack a constitution that provides the details of the checks and balances within their state government d. the British recognized it as our founding document after its North American colonies declared their independence in 1776 e. it defines the actions of government into categories: obligatory, meritorious, permissible, reprehensible, and forbidden