Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | May 2017 |
Last Sign in: | 246 Weeks Ago |
Questions Answered: | 19234 |
Tutorials Posted: | 19224 |
MBA (IT), PHD
Kaplan University
Apr-2009 - Mar-2014
Professor
University of Santo Tomas
Aug-2006 - Present
What regional economic bloc removes trade restrictions between member countries and establishes a common trade policy towards non-member countries? Â Restrictions remain on movement of factors of production. Â
Question 1 options:
Custom union such as MERCOSUR
Economic Union such as the European Union
These type of trade agreements do not exist
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Question 2Â (2 points)
Â
Question 2 options:
Neoliberal states
Welfare states
Authoritarian states
Developmental states
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Question 3Â (2 points)
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Identify the term that supports the view point that the state's role in the economy should be limited to enforcing property rights and supporting free markets and free trade.Â
Question 3 options:
Keynesian economicsÂ
Neoliberalism
Hyperglobalism
Downscaling
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Question 4Â (2 points)
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Several countries in recent years have implemented policies that make labor markets more flexible. Â Identify the country that is a model for those that support the flexibilization of labor markets through deregulation.Â
Question 4 options:
Japan
Germany
 United States
France
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Question 5Â (2 points)
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Select the statement that is an example of how the state serves as the ultimate protector of the national economy according to Neil Coe, Philip Kelly and Henry Yeung.
Question 5 options:
The state protects property rights and rule of law.
The state works to attract foreign direct investment
The state is involved in the maintenance of transportation infrastructure
State-owned enterprises
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