Answer the following statement(s) true (T) or false (F)
1. The economic policies of mercantilism and protectionism share the common goal of advancing the wealth and economic security of one’s own nation at the expense of rivals.
2. According to Adam Smith’s The Wealth of Nations, such factors as a nation’s climate, geography, and natural resource distribution determine its absolute advantage over other nations.
3. In a command economy, the government controls the means of production in a country and determines prices, labor conditions, and distribution of goods and services.
4. After it was established, the International Monetary Fund replaced the United States government in the task of coordinating world currency levels.
5. One effect of global liberalism has been to shift power to local and national governments from corporations and other non-state actors.
1. True
2. True
3. True
4. False
5. False
You might also like to view...
The first job of a survey researcher is to a. identify the population of interest. b. draw a sample
c. create a survey. d. complete a straw poll.
he pollution control system in which a government directly regulates the specific amount of pollution each polluting entity is allowed is known as
a. command and control policies b. precautionary principle c. cap and trade system d. carbon sharing system
Contributing funds to candidates through a political action committee (PAC) is an example of which of the type of organized interest?
a. lobbying b. electioneering c. caucusing d. propagandizing
Which of the following statements about Russian political attitudes is NOT true?
a. Attitudes toward gender roles in Russia generally reflect traditional values. b. In large part because of the resurgence of the Russian Orthodox Church, religion has emerged as a basis of political cleavage for ethnic Russians in the post-communist era. c. Social class identification has generally played a minor role in Russian politics in the post-communist era. d. Some attitudes toward government that prevailed during the Soviet period have endured, most notably the acceptance of centralized power. e. Public opinion polls indicate at least a general support for liberal democratic values.