Test Bank for International Studies 1st Edition by Straus

Test Bank for International Studies 1st Edition by Straus

1. Of the following options, which force shaped political globalization at the turn of the 20th century? A. scientific advances in medicine, which allowed people to live longer B. the growth of nation-states and the spread of colonial rule, which brought many societies into production for global markets and organizations C. scientific advances such as the manufacturing of steel and other metals, which made construction of buildings, ships, and railways possible D. advances in shipping and travelling, which allowed people to communicate much faster than before Ans: B Learning Objective: 1-1: Articulate the main features of the first and second global ages. Cognitive Domain: Analysis Answer Location: Introduction Difficulty Level: Medium 2. The growth achieved during Pax Britannica (between 1815 and 1914) was the equivalent of ______ previous years of growth. A. 500 B. 300–400 C. 1,000 D. 100 Ans: C Learning Objective: 1-1: Articulate the main features of the first and second global ages. Cognitive Domain: Knowledge Answer Location: Global Stability Under Pax Britannica: 1815–1914 Difficulty Level: Easy 3. From the list below, identify the most fitting definition of Pax Britannica. A. the period in British history when challenges to the monarchy resulted in a parliamentary system of government B. the period of Britain’s global dominance when Britain’s interest in dominating international trade led to decreased economic cooperation between major countries C. the period of instability, as a result of Britain and France’s conflict over global dominance D. the period of Britain’s global dominance when Britain’s interest in increasing international trade allowed for economic cooperation between major countries Ans: D Straus, International Studies, 1e SAGE Publishing, 2019 Learning Objective: 1-1: Articulate the main features of the first and second global ages. Cognitive Domain: Knowledge Answer Location: Global Stability Under Pax Britannica: 1815–1914 Difficulty Level: Easy 4. According to the economic theory of mercantilism, ______. A. trade is about absolute advantage ; tariffs should be used to maintain economic superiority B. trade is zero-sum ; under certain circumstances, countries shouldn’t trade even if it is inefficient C. trade is about efficiency ; by trading what both partners produce most efficiently, both countries benefit D. trade is all about power ; by maintaining trade relations, larger colonial powers could control less developed countries Ans: B Learning Objective: 1-1: Articulate the main features of the first and second global ages. Cognitive Domain: Application Answer Location: Global Stability Under Pax Britannica: 1815–1914 Difficulty Level: Medium 5. The 300–400 years before the rise of free trade (in the early 1900s) is a time of ______. A. mercantilism B. liberalism C. realism D. globalization Ans: A Learning Objective: 1-1: Articulate the main features of the first and second global ages. Cognitive Domain: Knowledge Answer Location: Global Stability Under Pax Britannica: 1815–1914 Difficulty Level: Easy 6. The Gold Standard ______. A. failed because it sparked massive hyperinflation in the postwar German economy B. while tremendously stable for international prices, was eventually deemed ineffective and detrimental to market stability because of newly independent colonies’ ability to build wealth through mining C. is similar to today’s system in which exchange rates of the world’s currencies generally float, meaning the value of currencies goes up and down according to the world’s demand for gold D. allowed, in the participating major economies, for the exchange of currencies based on their value in relation to a specific amount of gold Ans: D Learning Objective: 1-3: Contrast major actors in the first and second global ages. Cognitive Domain: Analysis