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individuals and non-state actors to B. False from the United States flows to 24, True or A True Alterative investment D. Domestic investment R Foreign direct investment was born in 1995. The agreement added the following new 26) The World Trade Agreement (WTO) I trade regime areals) to the international D. All of the above A. Serviice sectors analysis predicts that 27) The R Owners of land and capital are likely to be the strongest supporters of more immigration C. Open immigration is harmful to the overall economic productivity D. Both A and B 28) The Smoot-Hawley Act of 1930 (in the U.S.) A. Increased U.S. tariffs to historic B. Expanded the scope of tariff C. Opened the U.S. market to international trade D. Both A and B coverage 29) True or False? More mobile assets will be more nt of liberal trade or economie A. True B. False 30) The latest round of trade negotiation, under the WTO arrangement, known as A. The Tokyo round B. The Obama round C. The Doha round D. The Uruguay round 31) If a state is abundant in labor and capital but scarce in land, along what line will the political cleavage fall? A. Class B. Urban-rural C. Racial D. Social 32) Cooperation in one area of economic activity would produce pressures for cooperation in other arcas. This view is consistent with which one of the following perspectives? C. Liberal inter-governmentalism D. Mercantilism 33) True or False? The Heckscher-Ohlin model predicts that each country tends to import those items whose production requires intensive use of domestically abundant factors. A. True B. False
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