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POS 486 FINAL EXAM_ POS486 Final Exam Questions and Answers(Graded A) Latest 2021
Exam (elaborations) • 13
pages
• 2021
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...
POS 486 FINAL EXAM_ POS486 Final Exam Questions and Answers(Graded A) Latest 2021
Last document update:
ago
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

	

	Which of the traditional schools of IPE emphasizes the distributional conflict inherent between labor and capital?			

	Selected Answer:	 1.

Marxism

Correct Answer:	 1.

Marxism

			

•	Question 2

1 out of 1 points

	

	The WTO's dispute settlement mechanism			

	Selected Answer:	 3.

helps member governments resolve disputes and authorizes punishment in the event of noncompliance

Correct Answer:	 3.

helps member governments resolve disputes and...
POS 486 Quiz 1 _ POS486 Quiz 1 Questions and Answers (Graded A) Latest 2021
Last document update:
ago
•	Question 1

1 out of 1 points

	

	Which of the traditional schools of IPE emphasizes the distributional conflict inherent between labor and capital?			

	Selected Answer:	 1.

Marxism

Correct Answer:	 1.

Marxism

			

•	Question 2

1 out of 1 points

	

	The WTO's dispute settlement mechanism			

	Selected Answer:	 3.

helps member governments resolve disputes and authorizes punishment in the event of noncompliance

Correct Answer:	 3.

helps member governments resolve disputes and...
•	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

...
POS 486 Quiz 2_POS486 Quiz 2 Questions and Answers (Graded A) Latest 2021
Last document update:
ago
•	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

...
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