Pos 486 pos486 - Study guides, Class notes & Summaries

ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS POS 486 | POS486 FINALS • Question 1 0 out of 2.5 points Which of the following is NOT a policy that trade liberalization would seek to eliminate? Selected Answer: Correct Answer: Response Feedback: 4. domestic content requirements 2. trade agreements Refer to Chapter 1, pp. 22-24, and Assignment 1 • Question 2 Which of the following does NOT describe the WTO? 2.5 out of 2.5 points Selected Answer: Correct Answer: Re...

ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS POS 486 | POS486 FINALS • Question 1 0 out of 2.5 points Which of the following is NOT a policy that trade liberalization would seek to eliminate? Selected Answer: Correct Answer: Response Feedback: 4. domestic content requirements 2. trade agreements Refer to Chapter 1, pp. 22-24, and Assignment 1 • Question 2 Which of the following does NOT describe the WTO? 2.5 out of 2.5 points Selected Answer: Correct Answer: Re...

ARIZONA STATE UNIVERSITY POS 486 | POS486 FINALS POS 486 | POS486 FINALS • Question 1 0 out of 2.5 points Which of the following is NOT a policy that trade liberalization would seek to eliminate? Selected Answer: Correct Answer: Response Feedback: 4. domestic content requirements 2. trade agreements Refer to Chapter 1, pp. 22-24, and Assignment 1 • Question 2 Which of the following does NOT describe the WTO? 2.5 out of 2.5 points Selected Answer: Correct Answer: Re...

POS 486 FINAL EXAM • Question 1 Free trade alters supply and demand by Selected Answer: 4. providing gains in the form of increased revenue to domestic producers Correct Answer: 2. lowering the price, thereby increasing the quantity demanded Response Feedback: See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 • Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: 2...

1. Given the domestic costs of maintaining a fixed exchange rate, most of the world's largest economies allow their currencies to float against one another. List two reasons why a government would choose a fixed exchange rate system rather than a floating exchange rate (1pt) Provides an exchange rate stability Can limit rates of inflation with proper monetary controls

providing gains in the form of increased revenue to domestic producers 2. lowering the price, thereby increasing the quantity demanded See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 • Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: Correct Answer: Response Feedback: 2. agricultural interests to be export- oriented 2. agricultural interests to be export- oriented See Oatley Chapter 4 & Lecture 4 ...

Arizona State University - POS 486 / POS486 Finals (2020)

POS 486 FINAL EXAM_ POS486 Final Exam Questions and Answers(Graded A) Latest 2024/2025 update

POS 486 FINAL EXAM • Question 1 Free trade alters supply and demand by Selected Answer: 4. providing gains in the form of increased revenue to domestic producers Correct Answer: 2. lowering the price, thereby increasing the quantity demanded Response Feedback: See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 • Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: 2. agricultural interests to be export-ori...

• Question 1 1 out of 1 points If the Brazilian currency, the Real, appreciates by 18% relative to the Argentine peso, Selected Answer: c. Brazilian pay 18% less for Argentine goods/services Correct Answer: c. Brazilian pay 18% less for Argentine goods/services Response Feedback: Comprehension question based on devaluation of currency; see Chapter 10 • Question 2 1 out of 1 points The US dollar is an example of Selected Answer: a. a floating currency ...