Evaluacion Final - Escenario 8 - PRIMER BLOQUE-TEORICO - PRACTICO - CULTURA Y ECONOMIA REGIONAL DE AMERICA - (GRUPO B01)

10/5/2021 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO/CULTURA Y ECONOMIA REGIONAL DE AMERICA-[GRUP…
Evaluacion final - Escenario 8
Fecha de entrega 31 de mayo en 23:55 Puntos 100 Preguntas 20

Disponible 8 de mayo en 0:00 - 31 de mayo en 23:55 24 días Límite de tiempo 90 minutos
Intentos permitidos 2
Instrucciones
Volver a realizar el examen
Historial de intentos
https://poli.instructure.com/courses/21083/quizzes/70667 1/12
Intento Hora Puntaje

MÁS RECIENTE Intento 1 14 minutos 100 de 100
Puntaje para este intento: 100 de 100

Entregado el 10 de mayo en 15:13
Este intento tuvo una duración de 14 minutos.
Pregunta 1 5 / 5 pts
In the history of Colombia, military and populist regimes are unusual.

Nonetheless, the politic institutions in Colombia are defective and can be
described as:
¡Correcto!
Clientelist, a political system in which the lobbyist power is crucial to hold
power.
A parliamentary power with low participation of the executive power.
Monarchical, controlled by an elite.
A political regime based on dictatorship.
Which of the following characteristics describes better the NAFTA?
It had a positive impact on the diversification of trade partners for Canada.
It is a customs union that led to an increase in Mexican exports to North

America.
¡Correcto! It has tariff barriers that are over the world average.
It affected the US economy with the establishment of maquiladoras.
One of the main problems in Latin American countries during the 80s was
the external debt. In the case of Colombia, the effect of this crisis was
different because:
In the early 80s, Colombia raised the public expenditure to create jobs and
escape from the crisis.
¡Correcto!
Colombia paid part of its external obligations during the 70s, and its level
of indebtedness was lower than in other Latin American countries.
Colombia did not pay and was submitted to the IMF stand-by programs.
Colombia did not use the external credit offer by the US.
From a comparative perspective, during the agro-export model Colombia

had a poor exports performance compared with other Latin American
countries. One explanation for this phenomenon is:
Colombia was a primary periphery and did not have the capital to expand
its production.
Colombia specialized in products with low demand.
Colombia opted for a protectionist model in a context of free trade.
¡Correcto!
Colombia was highly dependent on international prices and did not have a
stable production structure.
One of the functioning problems of the Andean Community can be

described as:
¡Correcto!
The differences in the barriers for different products affect their circulation.
A lack of financial institution that promotes an effective integration between

members.
A lack of a customs union that creates trade barriers for international

products.
A lack of representation of the member countries in the organizational

structure.
Which are the characteristics of fully economic integrated countries?
There is a reduction in the value of the trade.
There is a systematic increase in non-tariff barriers.
Their product prices are at the same level, but the factor prices are
different.
¡Correcto!
The levels of products and factor prices tend to be equal.
Which of the following sentences describes better the economic

integration problems in Latin America?
¡Correcto!
The region does not have enough free trade agreements.
The region does not have political integration schemes.
The region did not look for customs union conformation.
The region persists in protectionism as a development model.
Which countries has a vulnerability in commercial partners, but still has a

diversified economy?
¡Correcto!
Canada and Mexico.
Brazil and Colombia.
Uruguay and the US.
Argentina and Bolivia.
Based on the American continent experience, which of the following

sentences describes better the conditions for a good economic and
political performance?
Protectionism, property rights enforcement, and parliamentarism.
Populism, protectionism and communal property.
Institutional stability, free trade guarantees, and weak executive power.
¡Correcto!
Economic integration, institutional stability, the balance of power between
the executive and legislative.
The economic policy during the 90s was oriented by a decalogue known
as the Washington Consensus. One of the policies included in the
decalogue is:
Regulation of economic activity to avoid investment surplus.
An interest rate regulated by a central bank.
A higher share of public investment to improve infrastructure.
¡Correcto!
A conservative fiscal policy aimed to reduce the state power.
The relationship between the US and Latin America has changed several
times. From this relationship it can be said that:
¡Correcto! During the 60s, the US used its capital in Latin American markets.
During the colonial times, the US and Latin America had the same
development path.
The US priority is the European market, so it has a weak relationship with

Latin America.
The US never supported development programs in Latin America.
From the behavior of economic integration in the American Continent it

can be inferred that:
Mercosur and the Andean Community are successful experiences of

economic integration because of their convergence of prices.
¡Correcto!
In recent years the economic integration processes have improved among
the continent.
The Caribbean countries have low levels of exports over GDP.
The NAFTA has been ineffective in the expansion of trade operation

between its members.
Which of the following sentences describes better the measures adopted

after the Uruguay Round?
It was possible to eliminate the subsidies on agricultural products in

developed and developing countries.
Economic integration advances were modest due to the lack of regulatory

institutions on international trade.
¡Correcto!
The reduction of non-tariff barriers led to an improvement of goods
circulation.
The trade of services became highly regulated.
Which of the following agreements have been ineffective in the reduction

of non-tariff barriers?
Andean Community
¡Correcto!
CARICOM
Union Of South American Nations
NAFTA
Economic growth in Colombia during the colonial times was explained by:
The dynamism of international trade through the port of Cartagena.
High wages that led to higher consumption of the labor force.
The high productivity in the hacienda.
¡Correcto!
The extraction of gold and silver mainly in the west of the country.
From the technological structure of the American continent exports it can

be inferred:
¡Correcto!
Latin American countries are mostly specialized in resource-based and
primary products exports.
The specialization in low tech products is the main feature of Latin

American exports.
High dependency of other commercial partners led to a low level of

technological content.
In North America, the share of medium and high-tech exports is low of

compared with Latin America.
Colombia had a difficult process of Independence that can be explained

as:
The abundance of gold caused inflation and a loss of the value of money.
There was a lack of international support to defeat the Spanish military.
The smuggling affected the commercial activities and reduced the

country’s income.
¡Correcto!
There were high external debt obligations that affected the long-run
economy performance.
In Colombian history the exchange rate has been linked to external sector
policies. Which of the following sentences describes better the exchange
rate policy in the history of Colombia?
After the 1929 crisis, it was necessary to opt for a flexible exchange rate to
promote free trade.
Colombia never uses the gold-standard as a fixed exchange rate.
¡Correcto!
The crawling peg solved an external imbalance and led to an export
promotion model.
During the Apertura Económica, it was necessary to use exchange control

to protect domestic products.
In the last years the most dynamic exports worldwide have the following
characteristics:
¡Correcto!
They require a big amount of investment in innovation and development.
Low technology products cannot be dynamic exports.
Most dynamic exports are concentrated in developing countries.
They are mostly based on primary products.
Colombia have had a difference with other Latin American countries

during its history. One of these differences is:
Violence: Colombia is the only Latin American country that has

experimented and internal conflict in recent history.
Volatility: Colombian economy is more sensitive to external shocks than

other Latin American countries.
¡Correcto!
Macroeconomic discipline: Colombia’s economic policy is conservative.
Specialization patterns: Colombia did not specialize in resource-based

exports as other Latin American countries.
Puntaje del examen: 100 de 100

Evaluacion Final - Escenario 8 - PRIMER BLOQUE-TEORICO - PRACTICO - CULTURA Y ECONOMIA REGIONAL DE AMERICA - (GRUPO B01)

Uploaded by

Copyright:

Available Formats

You might also like

Evaluacion Final - Escenario 8 - PRIMER BLOQUE-TEORICO - PRACTICO - CULTURA Y ECONOMIA REGIONAL DE AMERICA - (GRUPO B01)

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Evaluacion Final - Escenario 8 - PRIMER BLOQUE-TEORICO - PRACTICO - CULTURA Y ECONOMIA REGIONAL DE AMERICA - (GRUPO B01)

Uploaded by

Copyright:

Available Formats

10/5/2021 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO/CULTURA Y ECONOMIA REGIONAL DE AMERICA-[GRUP…

Evaluacion final - Escenario 8

Fecha de entrega 31 de mayo en 23:55 Puntos 100 Preguntas 20

Volver a realizar el examen

Intento Hora Puntaje

Puntaje para este intento: 100 de 100

In the history of Colombia, military and populist regimes are unusual.

A parliamentary power with low participation of the executive power.

Monarchical, controlled by an elite.

A political regime based on dictatorship.

Which of the following characteristics describes better the NAFTA?

It had a positive impact on the diversification of trade partners for Canada.

It is a customs union that led to an increase in Mexican exports to North

It affected the US economy with the establishment of maquiladoras.

From a comparative perspective, during the agro-export model Colombia

Colombia specialized in products with low demand.

Colombia opted for a protectionist model in a context of free trade.

One of the functioning problems of the Andean Community can be

A lack of financial institution that promotes an effective integration between

A lack of a customs union that creates trade barriers for international

A lack of representation of the member countries in the organizational

Which are the characteristics of fully economic integrated countries?

There is a reduction in the value of the trade.

There is a systematic increase in non-tariff barriers.

Which of the following sentences describes better the economic

The region does not have political integration schemes.

The region did not look for customs union conformation.

The region persists in protectionism as a development model.

Which countries has a vulnerability in commercial partners, but still has a

Brazil and Colombia.

Uruguay and the US.

Argentina and Bolivia.

Based on the American continent experience, which of the following

Protectionism, property rights enforcement, and parliamentarism.

Populism, protectionism and communal property.

Institutional stability, free trade guarantees, and weak executive power.

Regulation of economic activity to avoid investment surplus.

An interest rate regulated by a central bank.

A higher share of public investment to improve infrastructure.

The US priority is the European market, so it has a weak relationship with

The US never supported development programs in Latin America.

From the behavior of economic integration in the American Continent it

Mercosur and the Andean Community are successful experiences of

The Caribbean countries have low levels of exports over GDP.

The NAFTA has been ineffective in the expansion of trade operation

Which of the following sentences describes better the measures adopted

It was possible to eliminate the subsidies on agricultural products in

Economic integration advances were modest due to the lack of regulatory

The trade of services became highly regulated.

Which of the following agreements have been ineffective in the reduction

Union Of South American Nations

The dynamism of international trade through the port of Cartagena.

High wages that led to higher consumption of the labor force.

The high productivity in the hacienda.

From the technological structure of the American continent exports it can

The specialization in low tech products is the main feature of Latin

High dependency of other commercial partners led to a low level of