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Ebook Crossing Borders International Studies For The 21St Century 2Nd Edition Chernotsky Test Bank Full Chapter PDF
Ebook Crossing Borders International Studies For The 21St Century 2Nd Edition Chernotsky Test Bank Full Chapter PDF
1. What independent nonprofit foundation meets annually in Davos, Switzerland, to address an array of
global issues?
@ Learning objective number: 7-4; Cognitive domain: Knowledge; Answer location: p. 182;
Question type: MC
3. Which renowned economist believes that the current free market rules undermine the sovereignty of
developing countries?
@ Learning objective number: 7-4; Cognitive domain: Knowledge; Answer location: p. 184;
Question type: MC
a. Jeffrey Sachs
b. Thomas L. Friedman
*c. Joseph Stiglitz
d. Paul Krugman
a. Trade fairness
b. Unregulated capital flows
c. Pervasive poverty
d. Transnational corporate behavior
e. Debt relief
*f. All of the above
5. What international organization runs a Dispute Settlement process in which countries can resolve trade
inequalities in a formal arena?
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 185;
Question type: MC
a. World Bank
*b. World Trade Organization
c. International Trade Court
d. International Monetary Fund
6. Which of the following factors contributed significantly to the slowdown in demand and the
overall rate of global economic growth?
@ Learning objective number: 7-4; Cognitive domain: Knowledge; Answer location: pp. 185-
186; Question type: MC
a. Latin America
*b. Africa
c. Middle East
d. North America
e. Asia
8. The Doha Round was a set of negotiations under the World Trade Organization designed to primarily
address
@ Learning objective number: 7-1; Cognitive domain: Comprehension; Answer location: p. 186;
Question type: MC
9. What is protectionism?
@ Learning objective number: 7-1; Cognitive domain: Comprehension; Answer location: p. 187;
Question type: MC
a. Are patents, copyrights, and trademarks extended to individuals and organizations to protect their
ownership of products or other creative works generated through their original ideas
b. Are government policies to restrict imports to shield local creative sector businesses from global
competition
c. Are argued to act as a means of encouraging further innovation by those who develop intellectual
property, but to limit the diffusion of knowledge to the Global South by critics
d. All of the above
*e. A and C only
11. Mercosur is
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 188;
Question type: MC
12. Which of the following is TRUE about the North American Free Trade Agreement?
@ Learning objective number: 7-1; Cognitive domain: Comprehension; Answer location: p. 188;
Question type: MC
a. Policies connected to NAFTA have promoted farm work in Mexico by lowering tariffs.
b. American environmental and labor rights groups largely backed the trade agreement for its particularly
stringent workplace standards.
*c. It is an arrangement designed to expand cross-border trade and investment signed by Canada, Mexico,
and the United States in 1994.
d. All of the above
e. A and C only
13. Since the North American Free Trade Agreement has been in place, trade has
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 189;
Question type: MC
14. Controversies surrounding the 2005 Central American Free Trade Area include
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 189;
Question type: MC
a. France
b. Japan
c. Germany
*d. China
18. The acquisition of corporate assets through the purchase of property, a plant, or equipment is
better known as
@ Learning objective number: 7-2; Cognitive domain: Comprehension; Answer location: p. 193;
Question type: MC
a. Foreign investment
b. Portfolio investment
*c. Direct investment
d. Domestic investment
19. Many transnational corporations have revenues greater than several countries’ GDPs. In 2011, which
of the following is the largest transnational corporation in terms of revenue?
@ Learning objective number: 7-2; Cognitive domain: Knowledge; Answer location: pp. 193-
194; Question type: MC
20. Which of the following is an argument in favor of transnational corporations in developing countries?
@ Learning objective number: 7-2; Cognitive domain: Knowledge; Answer location: p. 193;
Question type: MC
a. Yahoo
b. Microsoft
*c. Google
d. Hotmail
22. All of the following countries are in the top five for headquartering the most transnational
corporations except
@ Learning objective number: 7-2; Cognitive domain: Knowledge; Answer location: p. 196;
Question type: MC
a. Germany
*b. South Korea
c. China
d. France
e. United States
23. Which of the following are reasons why dealing with TNCs is difficult for many countries?
@ Learning objective number: 7-2; Cognitive domain: Application; Answer location: pp. 197-
198; Question type: MC
24. Which country has been devastated by the spilling of nine million barrels of oil into its river system
due to the poor environmental record of transnational oil corporations operating within its borders?
@ Learning objective number: 7-2; Cognitive domain: Knowledge; Answer location: p. 197;
Question type: MC
a. Niger
b. Mali
*c. Nigeria
d. Angola
e. Cameroon
25. In 2012, which country was at risk for defaulting on its loans and forfeiting its eligibility as a
eurozone member?
@ Learning objective number: 7-3; Cognitive domain: Knowledge; Answer location: p. 199;
Question type: MC
a. France
b. Germany
c. Turkey
*d. Greece
26. How many countries are members of the International Monetary Fund?
@ Learning objective number: 7-3; Cognitive domain: Knowledge; Answer location: p. 200;
Question type: MC
a. 51
b. 104
*c. 187
d. 192
e. 206
27. All of the following are conditions for borrowing from the International Monetary Fund EXCEPT
@ Learning objective number: 7-3; Cognitive domain: Application; Answer location: p. 200;
Question type: MC
28. Which of the following is NOT true about the World Bank?
@ Learning objective number: 7-3; Cognitive domain: Application; Answer location: p. 201;
Question type: MC
a. In order to receive assistance from the World Bank, countries must liberalize their markets and cut
government spending.
b. While interested in grassroots and private sector initiatives, it also encourages governmental reform to
strengthen public policy.
c. It assists countries to develop communications, energy, and other infrastructure to improve a country’s
prospects for long-term development.
d. All of the above
*e. B and C only
30. What is the name of the organization that promotes economic and social development projects in
Africa?
@ Learning objective number: 7-3; Cognitive domain: Knowledge; Answer location: p. 202;
Question type: MC
*a. African Development Bank
b. Inter-African Bank
c. Nigeria Trust Fund
d. Bank of Sub-Saharan Africa
34. What multilateral leadership group has assumed an active role in managing economic challenges of
the twentieth century?
@ Learning objective number: 7-4; Cognitive domain: Comprehension; Answer location: p. 206;
Question type: MC
*a. Agriculture
Type: F
37. Patents, copyrights, and trademarks extended to individuals and organizations to protect their
ownership of products generated through original ideas fall under the guise of __________.
@ Learning objective number: 7-1; Cognitive domain: Comprehension; Answer location: p. 187;
Question type: FIB
Type: F
38. __________, such as the European Union and the Association of Southeast Asian Nations, are an
alternative strategy to the rules and regulations of the __________.
@ Learning objective number: 7-1; Cognitive domain: Application; Answer location: p. 187;
Question type: FIB
Type: F
39. The__________ would have linked 34 countries in 2005, but stalled out due to disagreements over
implementation.
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 190;
Question type: FIB
Type: F
40. __________ describes the acquisition of corporate assets through the purchase of property, a plant, or
equipment.
@ Learning objective number: 7-2; Cognitive domain: Comprehension; Answer location: p. 193;
Question type: FIB
Type: F
41. Companies that operate on a global scale with integrated operations across regions and countries are
also known as __________.
@ Learning objective number: 7-2; Cognitive domain: Comprehension; Answer location: p. 193;
Question type: FIB
Type: F
42. The set of economic policy reforms imposed on potential borrowers by the International Monetary
Fund and other Washington, D.C., based financial institutions is known as the __________.
@ Learning objective number: 7-3; Cognitive domain: Comprehension; Answer location: p. 200;
Question type: FIB
Type: F
43. The __________ is an organization under the World Bank that provides interest-free loans
and grants to the world’s poorest countries.
@ Learning objective number: 7-3; Cognitive domain: Knowledge; Answer location: p. 201;
Question type: FIB
Type: F
44. __________ refer to bond or stock certificates, which then can be sold to other institutions.
@ Learning objective number: 7-3; Cognitive domain: Comprehension; Answer location: p. 202;
Question type: FIB
*a. Securities
Type: F
45. The __________ represents the leading industrial and emerging market countries that often meet to
discuss the difficulties countries face in the global economy.
@ Learning objective number: 7-4; Cognitive domain: Comprehension; Answer location: p. 206;
Question type: FIB
*a. G-20
46. The Doha Round of trade negotiations was successful in that many countries committed to take
definitive steps to further open their markets.
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 186;
Question type: TF
a. True
*b. False
47. Developing countries have argued the need to pursue protectionist policies in order to offset
competitive disadvantages and to gain preferential access to markets in developed countries.
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 187;
Question type: TF
*a. True
b. False
48. The Association of Southeast Asian Nations and the Asia-Pacific Economic Cooperation body are
both organizations that work to enhance trade and investment linkages in Asia.
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 188;
Question type: TF
*a. True
b. False
49. Since the North American Free Trade Agreement went into force, the value of Mexican exports to the
United States increased 420 percent, while US exports to Mexico rose 596 percent.
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 189;
Question type: TF
a. True
*b. False
50. The Free Trade Area of the Americas is a successfully implemented trade agreement linking 34
countries of the Americas and promoting job growth among all countries.
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 190;
Question type: TF
a. True
*b. False
51. The Trans-Pacific Partnership, currently under consideration, would include 12 countries and account
for 40 percent of US trade, while the Transatlantic Trade and Investment Partnership would significantly
expand commercial and investment ties between the US and the European Union.
@ Learning objective number: 7-1; Cognitive domain: Knowledge; Answer location: p. 191;
Question type: TF
*a. True
b. False
52. Portfolio investment is the purchase of stocks, bonds, or other financial assets, and is generally more
visible than direct investment.
@ Learning objective number: 7-2; Cognitive domain: Comprehension; Answer location: pp.
192-193; Question type: TF
a. True
*b. False
53. Many TNCs come under fire from critics due to poor working conditions in some of their factories
and plants.
@ Learning objective number: 7-2; Cognitive domain: Knowledge; Answer location: p. 195;
Question type: TF
*a. True
b. False
54. The Multilateral Agreement on Investment sought to develop a treaty that assured foreign investors
fair and uniform treatment while granting host countries greater authority to mandate responsible
behavior, but talks broke off because opponents thought that the proposed accord was heavily in favor of
TNCs.
@ Learning objective number: 7-2; Cognitive domain: Knowledge; Answer location: p. 198;
Question type: TF
*a. True
b. False
55. The primary activity of the International Monetary Fund is to assist countries attempting to balance
their accounts and meet their outstanding obligations, and it does so through an extensive network of
lending programs.
@ Learning objective number: 7-3; Cognitive domain: Knowledge; Answer location: p. 200;
Question type: TF
*a. True
b. False
Type: E
56. What are some important incentives to keep trade lines open? Give four reasons.
@ Learning objective number: 7-1; Cognitive domain: Application; Answer location: p. 185;
Question type: SA
*a. There are many important incentives to keep trade lines open. First, exports are a key source of
income and employment. Second, imports afford the opportunity to enhance the quality of life by
providing consumers with a broad array of products. Third, trade is a means to engage with the global
economy. Finally, trade allows a country to gain access to critical items such as food and medicines.
Type: E
57. Many countries are in disagreement over intellectual property rights. Who supports them and why,
and who is against them and why?
@ Learning objective number: 7-1; Cognitive domain: Analysis; Answer location: p. 187;
Question type: SA
*a. Developers on intellectual property, who are disproportionally located in more advanced countries,
argue in favor of retaining these rights as a means of encouraging further innovation. Developing
countries, on the other hand, are critical of these protections because they limit the diffusion of knowledge
to the Global South.
Type: E
58. What is NAFTA and which countries are in it? Is it beneficial or harmful to the countries involved?
Explain why.
@ Learning objective number: 7-1; Cognitive domain: Analysis; Answer location: pp. 188-189;
Question type: SA
*a. Students should first define NAFTA (the North American Free Trade Agreement, which was signed in
1994 by the United States, Canada, and Mexico, which is meant to broaden commercial ties between the
three North American countries). Then students should decide whether NAFTA is beneficial or harmful
and explain why. If they say beneficial, their explanation should touch upon the considerable expansion
of trade and investment flows across the region, the increased value of exports, and the creation of jobs in
the United States. If they say harmful, their explanation should touch upon the loss of jobs in Mexico and
the weak and ineffective nature of the rules over labor conditions and environmental protection.
Type: E
59. What is the difference between portfolio investment and direct investment?
@ Learning objective number: 7-2; Cognitive domain: Application; Answer location: pp. 192-
193; Question type: SA
*a. Portfolio investment is the purchase of stocks, bonds, or other financial assets that does not result in
direct management or control over an enterprise. Direction investment is the acquisition of corporate
assets through the purchase of property, a plant, or equipment.
Type: E
60. What are transnational corporations and how do they positively contribute to the global economy?
Give one example of a transnational corporation and give three reasons why they are beneficial.
@ Learning objective number: 7-2; Cognitive domain: Analysis; Answer location: pp. 193-195;
Question type: SA
*a. Students should first define transnational corporation (a company that operates on a global scale with
integrated operations across regions and countries) and give one example (i.e., Walmart, BP, Toyota, etc.).
They should then explain how they contribute positively to the global economy (i.e., they generate
employment in their regions of operation; they integrate developing countries into the global economy by
infusing capital, supplying jobs, and transferring modern technology; and their investment in new and
emerging markets helps them build infrastructure and enhance their capacity for economic growth).
Type: E
61. What is the Washington Consensus, and what reforms does it include?
@ Learning objective number: 7-3; Cognitive domain: Application; Answer location: p. 200;
Question type: SA
*a. The Washington Consensus is the set of economic policy reforms imposed by the
International Monetary Fund and other Washington, D.C., based financial institutions on potential
borrowers. These reforms may include liberalizing trade and financial markets, privatizing state
enterprises, deregulation of markets, and reducing government spending.
Type: E
62. What is the World Bank and what are its three main activities?
@ Learning objective number: 7-3; Cognitive domain: Application; Answer location: pp. 200-
201; Question type: FIB
*a. The World Bank is an international organization charged with providing loans and grants for
development projects. Its key activities include lending for development projects, including providing
assistance to build roads, communications, energy, and other infrastructure; promoting grassroots and
private sector initiatives; and encouraging governmental reform to strengthen public policy.
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rencontre, moi. Ecoute: veux-tu changer cet habit calabrais contre
un uniforme de capitaine et aller faire la guerre aux Français? Je me
charge de te lever une compagnie sur mes terres et de t’acheter des
épaulettes.
—Merci, monseigneur, merci, dit Bruno; votre offre est celle d’un
prince magnifique; mais j’ai certaine vengeance à accomplir et qui
me retient encore pour quelque temps en Sicile; après nous verrons.
—C’est bien, dit le prince, tu es libre; mais, crois-moi, tu ferais
mieux d’accepter.
—Je ne puis, excellence.
—Alors, voilà la bourse que tu m’as demandée; va-t’en au diable
avec, et tâche de ne pas venir te faire pendre devant la porte de
mon hôtel[18].
Bruno pesa la bourse dans sa main.
—Cette bourse est bien lourde, monseigneur, ce me semble.
—C’est que je n’ai pas voulu qu’un faquin comme toi se vantât
d’avoir fixé une somme à la libéralité du prince de Butera, et qu’au
lieu de deux cents onces que tu me demandais, j’en ai mis trois
cents.
—Quelle que soit la somme qu’il vous a plu de m’apporter,
monseigneur, elle vous sera fidèlement rendue.
—Je donne et je ne prête pas, dit le prince.
—Et moi j’emprunte ou je vole, mais je ne mendie pas, dit Bruno.
Reprenez votre bourse, monseigneur; je m’adresserai au prince de
Vintimille ou de la Cattolica.
—Eh bien! soit, dit le prince. Je n’ai jamais vu de bandit plus
capricieux que toi: quatre drôles de ton espèce me feraient perdre la
tête; aussi je m’en vais. Adieu!
—Adieu, monseigneur, et que sainte Rosalie vous garde!...
Le prince s’éloigna les mains dans les poches de son gilet de
peau de daim, et en sifflant son air favori. Bruno resta immobile, le
regardant s’en aller, et ce ne fut que lorsqu’il l’eut perdu de vue qu’il
se retira de son côté en poussant un soupir.
Le lendemain l’aubergiste incendié reçut, par les mains d’Ali, les
trois cents onces du prince de Butera.
VI.