Quiz 2

Front 1

The globalization debate first manifested in the 1970s in wealthy countries as concern about

Back 1

deindustrialization

Front 2

According to the hyper-globalization theory, which of the following policy ideas did governments NOT adopt in order to attract wealthy industries?
a. increase government spending
b. lowering corporate taxes
c. control the activities of labor unions
d. reduce tariffs on goods

Back 2

A

Front 3

In a liberal market economy, government:
a. plays a large role by negotiating agreement among different firms.
b. encourages insider trading between different firms.
c. creates strict antimonopoly laws.
d. all of the above.

Back 3

C

Front 4

In response to globalization, LMEs tend to:
a. increase the role of unions.
b. proceed very cautiously.
c. increase worker training.
d. strengthen market mechanisms

Back 4

D

Front 5

The argument that a dual convergence will take place, and CMEs and LMEs will continue to have significant differences is a component of the:
a. globalization assimilation policy.
b. liberal market economies argument.
c. varieties of capitalism (VOC) perspective.
d. competitive advantage strategy.

Back 5

C

Front 6

According to the World Bank, which of the following is NOT a key requirement for a state to develop a capitalist economic system?
a. security
b. health and education
c. property rights
d. infrastructure
e. none of the above

Back 6

E

Front 7

The Asian economic miracle occurred in large part thanks to:
a. export-oriented growth.
b. currency valuation.
c. structural adjustment programs.
d. none of the above.

Back 7

A

Front 8

Which of the following regions best demonstrates the worst economic failure in the age of globalization?
a. Africa
b. Latin America
c. Southeast Asia
d. Antarctica

Back 8

A

Front 9

The term __________ helps explain how different kinds of institutions in different economies respond to the pressure of globalization.

Back 9

comparative institutional advantage

Front 10

The least common type of health care system is:
a. national health insurance.
b. privately run health care system.
c. market-based private insurance.
d. single-payer.

Back 10

C

Front 11

Which of the following is NOT a liberal market economy (LME)?
a. the United States
b. the United Kingdom
c. Japan
d. All are LMEs.

Back 11

C

Front 12

According to critics of the welfare state, which of the following is an example of a policy that would lead to a disincentive to work?
a. Welfare checks
b. Food stamps
c. Higher taxes
d. All of the above

Back 12

D

Front 13

Which of the following type of welfare states focus on distinguishing between those that are unable to work and those who are unwilling to work?
a. Christian democratic
b. Social democratic
c. Liberal
d. All of the above

Back 13

C

Front 14

In order to qualify for ___________ applicants have to fall below a specific income level.
a. Universal entitlements
b. Social insurance
c. Means-tested public assistance
d. Social policies

Back 14

C

Front 15

Which of the following is an example of a means-tested public assistance programs?
a. Social security.
b. Subsidized housing.
c. Public education.
d. Unemployment insurance.

Back 15

B

Front 16

Which of the following is NOT a characteristic of a social democratic welfare state?
a. A higher tax rate.
b. Focus on income stabilization.
c. Redistribution of wealth from the rich to the poor.
d. Promotion of equal citizenship.
e. None of the above.

Back 16

B

Front 17

. Which of the following is a characteristic of a Christian democratic welfare state?
a. Perverse citizen autonomy through market participation.
b. Benefits are tied to contributions into social insurance programs.
c. Social security programs supplement universal entitlement programs.
d. Only means-tested programs are instituted

Back 17

B

Front 18

Which of the following is a strategy to reduce the cost of health care?
a. Increasing the risk pool.
b. Paying doctors on a per patient basis.
c. Requiring patients to copay.
d. All of the above.

Back 18

D

Front 19

The term “tragedy of the commons” refers to what?
a. In lieu of organization, people will overuse free resources.
b. People will not be able to efficiently use their resources if left alone.
c. People do not care for the well-being of others.
d. None of the above.

Back 19

A

Front 20

Which of the following is an argument presented by critics of the cap and trade system?
a. It is far too expensive.
b. It has the potential to lead to the concentration of pollution in one location.
c. It is an example of the tragedy of the commons.
d. It is an inefficient way to reduce pollution.

Back 20

B

Front 21

. Causes of market inefficiency include:
a. externalities.
b. imperfect information.
c. inability to fulfill social values.
d. All of the above.

Back 21

D

Front 22

In the poorest countries the biggest health care challenges involve:
a. rising costs.
b. patient compliance.
c. doctors’ demands.
d. patient access.

Back 22

D

Front 23

The main form of market failure causing environmental damage are/is:
a. moral hazards.
b. imperfect information.
c. externalities.
d. economic growth.

Back 23

C

Front 24

When it comes to environmental policies, decisions always have to be made based on ________ and ___________.

Back 24

Risk Assessment; risk management

Front 25

Will Kymlicka and Iris Marion Young are well-known advocates of:
a. assimilationism.
b. group rights and preferences.
c. liberationism.
d. classic liberalism.

Back 25

B

Front 26

Secularism in the United States historically has taken the form of:
a. state neutrality toward religion.
b. keeping religion out of the public sphere.
c. actively supporting religious groups within civil society.
d. an official state religion.

Back 26

A

Front 27

Identify the argument that reflects the view of the classic liberal position in the group vs. individual rights debate.
a. Nationalism is important to the development of modern states.
b. Only individuals can have rights.
c. Groups should not have special rights because they can pursue goals contrary to the state.
d. Discussion should not be about particular interests, but about the collective good.

Back 27

B

Front 28

The idea of secularism held by most leaders in the Indian nationalist movement at the time of independence was that the state should be a:
a. neutral arbiter among religions.
b. protector of religious minorities.
c. modernizer reducing the influence of all religions.
d. protector of the Hindu majority.

Back 28

C

Front 29

Which type of legalized discrimination no longer exists in the world?
a. Racial discrimination
b. Discrimination against women
c. Discrimination against homosexuals
d. None of the above

Back 29

A

Front 30

The World Bank and IMF’s Heavily Indebted Poor Country initiative forgives the debt of poor countries in exchange for:
a. investments in education and health care.
b. neoliberal reforms.
c. supplying natural resources.
d. ending civil wars.

Back 30

B