♠ Posted by Emmanuel in IPE 101
at 8/15/2007 01:37:00 PM
For some reason, I've had a sudden inspiration to test my reader's knowledge of IPE. I don't know why but multiple choice exams do not feature much in British higher education; I miss giving these kinds of exams. Call it a stroke of inspiration or call it a stroke of madness, but I've decided to inflict my newfound fondness of multiple choice exams on you, dear readers. The questions below range in difficulty from easy to very hard. Be honest to thyself: Try not to cheat by looking at the answers at the end or by using the search engine box. Without further ado -(1) A bond issued in Japan denominated in kiwi (New Zealand dollars or NZD) to take advantage of the "carry trade" is called a:
a. Shogun bond
b. Samurai bond
c. Uridashi bond
d. Bushido bond
(2) Mode 4 of the General Agreement on Trade in Services (GATS) concerns:
a. Intellectual property
b. Sanitary and phytosanitary measures
c. Migration
d. Financial services
(3) Basel II regulations cover:
a. Environmental laws
b. Banking supervision
c. The illegal trade in endangered species
d. Account secrecy laws
(4) Raul Prebisch is known for:
a. His contributions to dependencia theory
b. His support for Hugo Chavez's Bolivarian revolution
c. Being Subcomandante Marcos's second in command
d. Being ostracized by the Roman Catholic Church for his work on "Liberation Theology"
(5) Ousted Thai Prime Minister Thaksin Shinawatra was an adviser to which private equity fund:
a. The Carlyle Group
b. The Blackstone Group
c. The Global Arbitrage Foundation
d. Kohlberg Kravis Roberts
(6) Article IV of the IMF pertains to
a. Accounting for derivatives
b. Annual consultations with NGOs and other stakeholders
c. Accounting for the value of SDRs
d. Annual bilateral consultations with member countries
(7) The country whose remittances constitute the highest share of national GDP is
a. Tonga
b. The Philippines
c. Lesotho
d. Moldova
(8) In trade lingo, "amber box" policies are those which
a. Condone the practice of human trafficking
b. Concern product safety
c. Distort production and trade
d. Caution against exchange rate intervention
(9) Andre Gunder Frank's academic supervisor was
a. John Maynard Keynes
b. Immanuel Wallerstein
c. Robert Cox
d. Milton Friedman
(10) A bound tariff refers to
a. A tariff applied to seabound cargo
b. The least distortionary form of tariff
c. A tariff bound for legal contestation
d. The maximum tariff level allowable
Answers: 1-c; 2-c; 3-b; 4-a; 5-a; 6-b; 7-a; 8-c; 9-d; 10-d
If you scored...
10 - You have way too much free time on your hands; maybe it's time for you to enroll in a Political Science or International Relations doctoral program (or at least make your own IPE blog)
7-9 - Maybe you should read less of the Economist, Financial Times, and Wall Street Journal
5-6 - That's pretty good if you ask me
0-4 - Read more IPE Zone to improve your knowledge (shameless self-promotion :-)
