WQ08 with answers

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Published on April 7, 2008

Author: Candelora

Source: authorstream.com

Slide1:  WORLD AFFAIRS COUNCIL OF WILMINGTON, INC. WorldQuest Delaware 2008 Arsht Hall, University of Delaware - Wilmington Campus Welcome! Category: Countries:  Category: Countries In which country will you find “Gitmo”? Cuba Guatemala Afghanistan Bulgaria Example Question One Point Category: People in the News :  Category: People in the News Example Question Who is this political insider? One Point Carla Bruni WorldQuest Delaware :  WorldQuest Delaware Round 1 International Law Category: International Law Question 1:  Category: International Law Question 1 Which conference standardized the length of a second throughout the world? International Meridian Conference in 1884 13th General Conference on Weights and Measures in 1967 International Telecommunication Conference in 1932 General Conference on Time and Dates in 1889 Category: International Law Question 2:  Category: International Law Question 2 Which category of international agreements helps with the prosecution of criminals who flee their country? The Geneva Conventions Extradition agreements Interpol agreements The UN resolutions Category: International Law Question 3:  Category: International Law Question 3 What convention guarantees that you will be compensated if an international carrier loses your luggage? Convention for the Unification of Certain Rules for International Carriage by Air Convention on Offenses and Certain Other Acts Committed on Board Aircraft International Air Services Transit Agreement UN Convention on International Air Traffic Category: International Law Question 4:  Category: International Law Question 4 Which agreement established the International Criminal Court? The Rome Statute The Hague Convention The International Convention of Criminal Courts The UN Security Council Resolution on Criminal Prosecution Category: International Law Question 5:  Category: International Law Question 5 What agreement allows for artists and musicians to perform outside the US and not be subject to income taxes in both the foreign country and the US? Bilateral Double Taxation Agreement Inter-Continental Double Taxation Agreement Trans-Continental Double Taxation Agreement International Double Taxation Agreement Category: International Law Question 6:  Category: International Law Question 6 Which agreement protects trade names, trade marks and trade designs (such as the design of a Campbell’s Soup can) from imitators? Berne Convention for the Protection of Literary and Artistic Works Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks Paris Convention for the Protection of Industrial Property Nice Agreement Concerning the International Classification of Goods and Services Category: International Law Question 7:  Category: International Law Question 7 The first act mandating safer cruise ships was a result of what disaster at sea? The collision of the Andrea Doria with the SS Stockholm off the coast of Nantucket in 1956 The collision with an iceberg and sinking of the Titanic in the Atlantic in 1912 The sinking of the Edmund Fitzgerald in Lake Superior The sinking of the SS Central America in 1857 Category: International Law Question 8:  Category: International Law Question 8 Which international agreement helped to preserve the environment in which the movie March of the Penguins was filmed? The Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) The Convention on Wetlands (The Ramsar Convention) Protocol on Environmental Protection to Antarctic Treaty Wild Life Protection and Conservation Agency Category: International Law Question 9:  Category: International Law Question 9 Which organization developed an international, uniform classification for commodities? World Trade Organization World Bank World Customs Organization European Economic Community Category: International Law Question 10:  Category: International Law Question 10 If you get arrested while abroad, which treaty protects your right to contact your consulate? 1963 Vienna Convention on Consular Relations and Optional Protocols 1969 American Convention on Human Rights 1966 International Consular Party Rights 1950 European Convention on Human Rights and Fundamental Freedoms WorldQuest Delaware :  WorldQuest Delaware Round 2 East Asia Category: East Asia Question 11:  Category: East Asia Question 11 In February, the United States filed a complaint with the WTO regarding China’s trade practices. What was the nature of this complaint? The Chinese embargo on US farm products lack of regulation on Chinese manufactured toys China’s excessive purchases of oil, inflating global oil prices The need for China to revalue the Renminbi (Yuan) Category: East Asia Question 12:  Category: East Asia Question 12 Which of the following nations are party to the Six-Party Talks regarding nuclear arms? United States, North Korea, China, South Korea, Russia, and Japan United States, North Korea, South Korea, India, Russia, and China United States, China, Russia, Japan, South Korea, and India China, Russia, Japan, South Korea, North Korea, and India Category: East Asia Question 13:  Category: East Asia Question 13 After the ruling junta in August 2007 unexpectedly increased fuel prices, tens of thousands marched in protest, led by pro-democracy activists and Buddhist monks. The government brutally suppressed the protests, shooting and killing at least 13 people and arresting thousands for participating in the demonstrations. Which country is this? Laos Burma Cambodia Thailand Category: East Asia Question 14:  Category: East Asia Question 14 This UNESCO World Heritage site of the Terracotta Army (in which no two statues are alike) was built for which Chinese emperor? Qin Er Shi Gaozu of the Han Hui of the Han Qin Shi Huang Category: East Asia Question 15:  Category: East Asia Question 15 In 2002, a host country became the first Asian nation to reach the semi-finals of the FIFA World Cup. Which country is it? Japan China South Korea North Korea Category: East Asia Question 16:  Category: East Asia Question 16 This tower was designed to commemorate the 70th birthday of which Asian leader? Mao Tse-Tung Kim Il-sung Emperor Hirohito Chiang Kai-Shek Category: East Asia Question 17:  Category: East Asia Question 17 This South Korean president receives the infamous credit of causing the Gwangju Massacre. Who is he? Park Chung-hee Choi Gyu Ha Syngman Rhee Chun Doo-hwan Category: East Asia Question 18:  Category: East Asia Question 18 The Great Wave of Kanagawa was painted by which great Japanese artist? Utamaro Hokusai Hiroshige Sharaku Category: East Asia Question 19:  Category: East Asia Question 19 Who is the current President of the Philippines? Joseph Estrada Corazon Aquino Gloria Macapagal-Arroyo Fidel Ramos Category: East Asia Question 20:  Category: East Asia Question 20 Which river forms North Korea’s border with Russia? Turmen River Amnok River Yangtze River Yalu River WorldQuest Delaware :  WorldQuest Delaware Round 3 Organization of American States Category: Organization of American States Question 21:  Category: Organization of American States Question 21 While there are 35 member states, only 34 are active. Which member state is on suspension? Colombia Venezuela Cuba Nicaragua Category: Organization of American States Question 22:  Category: Organization of American States Question 22 The Secretary General is the elected executive of OAS. Which of the following is false? Elected for a five-year term May not be re-elected more than once May not be succeeded by a person of the same nationality Elected by the Permanent Council Category: Organization of American States Question 23:  Category: Organization of American States Question 23 The first proposal for a hemispheric union of the American continent was originally proposed by this man at the Congress of Panama. Who is he? Jose de San Martin Simon Bolivar Miguel de Hidalgo Domingo Caycedo Category: Organization of American States Question 24:  Category: Organization of American States Question 24 Which one of following is an official language of OAS? French German Quechua Dutch Category: Organization of American States Question 25:  Category: Organization of American States Question 25 Which office coordinates OAS actions against illicit drugs? Secretariat for Political Affairs Secretariat for Administration and Finance Department of International Legal Affairs Secretariat for Multidimensional Security Category: Organization of American States Question 26:  Category: Organization of American States Question 26 The OAS Permanent Council consists of: Appointed ambassadors from member-states The Foreign Ministers from member-states Executive leaders of member-states Elected representatives from the General Assembly Category: Organization of American States Question 27:  Category: Organization of American States Question 27 Four member-states have completed OAS de-mining operations and are considered safe. Which one of the following member-states is included among those four safe states? Colombia Ecuador Peru Suriname Category: Organization of American States Question 28:  Category: Organization of American States Question 28 Which two cities form the pillars of OAS Human Rights System? Washington and San Jose San Jose and Ottawa Washington and Buenos Aires Ottawa and Buenos Aires Category: Organization of American States Question 29:  Category: Organization of American States Question 29 This man is the current OAS Secretary-General. What is his name? Raúl Alconada Sempé Steven Griner José Miguel Insulza Albert R. Ramdin Category: Organization of American States Question 30:  Category: Organization of American States Question 30 Which international law allows the OAS to suspend a member-state whose democratically-elected government is overthrown by force? The Protocol of Washington The Protocol of Bolivar Resolution 1080 The San Jose Amendment WorldQuest Delaware :  WorldQuest Delaware Round 4 Elections Category: Elections Question 31:  Category: Elections Question 31 Not ready to give up power, Vladimir Putin plans to be prime minister of Russia if this man wins the presidential election in March. Who is he? Dmitry Medvedev Viktor Geraschenko Mikhail Gorbachev Vladimir Bukovsky Category: Elections Question 32:  Category: Elections Question 32 While China is a one party, communist state, elections do exist at certain levels. At which two levels of government do the Chinese hold direct elections? Town mayors and economic councils People’s councils and communist party leaders Village leader and local people’s congresses Village economic councils and the National People’s Congress Category: Elections Question 33:  Category: Elections Question 33 Pakistan has scheduled presidential elections to be held on February 18. Given the fragility of democratic institutions, some have argued that an event other than elections should be the top priority of government in restoring democracy. What is it? Hold local elections to broaden the peoples democratic “voice”. Increase military efforts against insurgents and radicals to reduce violence. Restore transparency in parliamentary discussions Restore an independent judiciary and return judges to the Supreme Court Category: Elections Question 34:  Category: Elections Question 34 Which of these is false regarding the election of Turkish Grand National Assembly? The amount of seats allocated to a province is based on population Each province is entitled to at least 1 seat Representatives are elected for a 5-year term Only men can vote Category: Elections Question 35:  Category: Elections Question 35 Who of the following did not attempt to run in the 2008 Pakistani election? Nawaz Sharif Benazir Bhutto Ashfaq Kayani Pervez Musharraf` Category: Elections Question 36:  Category: Elections Question 36 This member of the Orange Democratic Movement challenged the incumbent president of Kenya by leading a campaign focused on the negatives of tribal partisanship. Who is he? Mwai Kibaki Raila Odinga Kenneth Matiba Jomo Kenyatta Category: Elections Question 37:  Category: Elections Question 37 France almost had its first female president. Who is this woman? Marie-George Buffet Jean-Marie Le Pen Arlette Laguiller Ségolène Royal Category: Elections Question 38:  Category: Elections Question 38 In order to win the United States presidency, a candidate must garner: 270 Electoral votes 269 Electoral votes 355 Electoral votes 356 Electoral votes Category: Elections Question 39:  Category: Elections Question 39 The election of British Prime Ministers is based on what? Order of Precedence Magna Carta Constitution Act Westminster System Category: Elections Question 40:  Category: Elections Question 40 The election of Lee Myung-bak as President of South Korea hails the return of which party to power? Grand National Party United Democratic Party People First Party Grand Old Party WorldQuest Delaware :  WorldQuest Delaware Round 5 UN Peacekeeping Operations Category: UN Peacekeeping Operations Question 41:  Category: UN Peacekeeping Operations Question 41 The UN established a mandate to ensure the withdrawal of all Belgian troops from which country in 1960? Somalia Congo Mali Tanzania Category: UN Peacekeeping Operations Question 42:  Category: UN Peacekeeping Operations Question 42 Iran and Iraq Iran and Afghanistan Turkey and Iraq Iraq and Kuwait In 1991, the United Nations produced a peacekeeping mandate regarding the demilitarized border between which two nations? Category: UN Peacekeeping Operations Question 43:  Category: UN Peacekeeping Operations Question 43 The only UN Peacekeeping operation currently active in the Americas is in Guatemala. True False Category: UN Peacekeeping Operations Question 44:  Category: UN Peacekeeping Operations Question 44 Portugal Cuba United States Russia Category: UN Peacekeeping Operations Question 45:  Category: UN Peacekeeping Operations Question 45 Category: UN Peacekeeping Operations Question 46:  Category: UN Peacekeeping Operations Question 46 Category: UN Peacekeeping Operations Question 47:  Category: UN Peacekeeping Operations Question 47 Category: UN Peacekeeping Operations Question 48:  Category: UN Peacekeeping Operations Question 48 Category: UN Peacekeeping Operations Question 49:  Category: UN Peacekeeping Operations Question 49 Category: UN Peacekeeping Operations Question 50:  Category: UN Peacekeeping Operations Question 50 This man is the Under-Secretary-General for Peacekeeping Operations. What is his name? Hédi Annabi Jean-Marie Guéhenno Jan Eliasson Lester Bowles Pearson WorldQuest Delaware :  WorldQuest Delaware Round 6 Great Decisions 2007 Category: Great Decisions 2007 Question 51:  Category: Great Decisions 2007 Question 51 Robert Putnam argued in Making Democracy Work that inclusion in government breeds moderation. Recent experience in the Islamic world has shown what? Putnam’s theory works. Radical Islamists in government have not shown moderation. US failure to support democratic institutions has prevented moderation. Signs of moderation are appearing among the extremists who have taken control in Iran, Pakistan and Afghanistan. Category: Great Decisions 2007 Question 52:  Category: Great Decisions 2007 Question 52 The leaders pictured agreed in May to build a pipeline to transport natural gas. What countries are they from? Russia, Kyrgyzstan and Turkmenistan Kyrgyzstan, Russia and Kazakhstan Kazakhstan, Turkmenistan and Russia Kazakhstan, Turkmenistan, Iran Category: Great Decisions 2007 Question 53:  Category: Great Decisions 2007 Question 53 On June 19, 2007 the Netherlands Environmental Assessment Agency did what? Announced China had overtaken the United States in carbon emission. Opened a $25 million prize contest for who can remove a billion tons of CO2 annually. Advocated a carbon tax for imports from non-Kyoto Protocol ratifying countries. Argued that theories of anthropogenic climate change are largely false. Category: Great Decisions 2007 Question 54:  Category: Great Decisions 2007 Question 54 What is the primary reason the US rejected the Kyoto Protocol? Because the protocol is based on unproven science and would undermine the US oil industry. US Neocons threatened to undermine Bush if he approved it. The US has proposed in improved methodology for reducing greenhouse gasses based on a per capita “carbon footprint”. The protocol excluded China and India from greenhouse gas reduction commitments. Category: Great Decisions 2007 Question 55:  Category: Great Decisions 2007 Question 55 President Felipe Calderón was given the nick name “Little Ray of Hope” because of his promises to bring economic improvement to the poor, assail the self-serving political elite and strengthen democracy in Mexico. True False Category: Great Decisions 2007 Question 56:  Category: Great Decisions 2007 Question 56 Why hasn’t Mexico embraced better border security with the US? They view the US attempts on border security as arrogant. Mexico does not have the economic resources to improve security. Mexico has found it less expensive and more convenient to let its US border to be an “escape valve” for Mexican “have-nots”. Calderon has changed Mexico’s stand and will help finance a boarder fence. Category: Great Decisions 2007 Question 57:  Category: Great Decisions 2007 Question 57 What two issues may deal South Africa a devastating blow to its post apartheid economic and political success? AIDS and violent crime. The dissolution of traditional families and a “brain drain” of educated South Africans who leave the country for better opportunities. Growing political ties with and the rising tide of political refugees from Zimbabwe. Growing anti-Western sympathies from ethno-nationalistic political movements and an uncontrollable increase in drug abuse. Category: Great Decisions 2007 Question 58:  Category: Great Decisions 2007 Question 58 Slobodan Milosevic, “The Butcher of the Balkans”, stood trial for committing crimes against humanity and genocide (he was accountable for the deaths of over 200,000 people). Milosevic died before his verdict was given. What was conclusion of his trial? He was found guilty posthumously. Given variable international standards of crimes against humanity, the ICC could not convict him. Due to inconsistent and inconclusive evidence, he was found not guilty. Since he was dead, there was no verdict. Category: Great Decisions 2007 Question 59:  Category: Great Decisions 2007 Question 59 Recognizing the need to prosecute war crimes in the context of a legitimate international organization, the International Criminal Court (ICC) was created in 2002. Reflecting on its own difficulties conducting the war on terrorism, managing enemy non-combatants at Guantanamo and working to improve its image in the world, the US has embraced the ICC. True False Category: Great Decisions 2007 Question 60:  Category: Great Decisions 2007 Question 60 Which one of the following is not part of the Millennium Development Goals established to improve the lives of the world’s youngest residents? Eradicate malaria Protect against abuse, exploitation and violence Combat HIV/AIDS Promote healthy lives WorldQuest Delaware :  WorldQuest Delaware Round 7 Countries Category: Countries Question 61:  Category: Countries Question 61 Quatchi, a sasquatch, is one of 3 mascots inspired by Traditional First Nations mythical creatures to be used in which country’s upcoming sporting event? China Canada Norway Sweden Category: Countries Question 62:  Category: Countries Question 62 These Mo’ai are the “living faces” (aringa ora) of deified ancestors located on Easter Island. Which country controls the Easter Island? Peru Polynesia Chile United Kingdom Category: Countries Question 63:  Category: Countries Question 63 Bhutan’s government has taken recent steps to become what? A social democracy An absolute monarchy A secular dictatorship A constitutional monarchy Category: Countries Question 64:  Category: Countries Question 64 K2,The second tallest mountain in the world, straddles the border of which two countries? China and Nepal Nepal and India Pakistan and China Pakistan and Tajikistan Category: Countries Question 65:  Category: Countries Question 65 What is the currency of French Guiana? Gourde Euro Guiana Franc Guiana dollar Category: Countries Question 66:  Category: Countries Question 66 Which northern European country is home to Tuska, one of the largest open air heavy metal festivals in the world? Finland Denmark Norway Sweden Category: Countries Question 67:  Category: Countries Question 67 Which country’s “turtle ships” were first used against Japan and have been recognized as the world’s first ironclad vessels? Korea China Russia Vietnam Category: Countries Question 68:  Category: Countries Question 68 One of the oldest countries in the world, this East African nation’s independence was only interrupted for 6 years by Italy. Which country is it? Eritrea Ethiopia Somalia Sudan Category: Countries Question 69:  Category: Countries Question 69 There are several developing countries in “observation” status hoping to join the WTO (if and when they qualify). Which developing country is the most recent to be accepted into the WTO? Viet Nam Russian Federation Tonga Ukraine Category: Countries Question 70:  Category: Countries Question 70 Dubai City is rapidly becoming a center of international finance for the Middle East. In which country is Dubai City located? Dubai Abu Dhabi United Arab Emirates Bahrain WorldQuest Delaware :  WorldQuest Delaware Round 8 Current Events Category: Current Events Question 71:  Category: Current Events Question 71 Pervez Musharraf raised a lot of eyebrows when he suspended the constitution and jailed members of which Pakistani government body? National Assembly Taliban Council Supreme Court Senate Category: Current Events Question 72:  Category: Current Events Question 72 The Annapolis Middle East Peace Conference marked the first time … a two-state solution was mutually agreed upon as the aim for Israel and Palestine. the Lebanese and Israeli border were finalized. Syria and Israel designed a Roadmap to Peace Saudi Arabian leaders did not attend peace talks Category: Current Events Question 73:  Category: Current Events Question 73 The assassination of Benazir Bhutto was a tragedy that has put enormous strains on Pakistan. Which one of the events following the assassination is not true: Musharraf delayed, but will allow, democratic elections. Asif Ali Zardari and Bilawal Bhutto Zardari became co-chairmen of the Pakistan People’s Party. The US has been asked to help control radical Islamic groups in an effort to reduce violence and renew efforts to capture Osama Bin Laden. Britain’s Scotland Yard has been asked to help investigate the Bhutto’s assassination in an effort to appease critics. Category: Current Events Question 74:  Category: Current Events Question 74 In May 2007,Christopher Hill, U.S. assistant secretary of state, and North Korean negotiators, announced that North Korea will … … abide by agreements finalized by the 6 party negotiations. … begin discussing human rights issues and allow humanitarian relief agencies to enter the country. … no longer launch test missiles towards or over Japan. … disable its nuclear fuel plants and disclose all nuclear programs. Category: Current Events Question 75:  Category: Current Events Question 75 2007 saw the historic face-to-face meeting of previously bitter enemies who hashed out an agreement for a power-sharing government. This ended decades of violence and terror, restoring peace and a democratic government. Which country is it? Northern Ireland Indonesia Croatia Lebanon Category: Current Events Question 76:  Category: Current Events Question 76 Which world religious leader called for “just solutions” to world conflicts as well as denounced terrorism and violence to women and children? Rowan Williams Pope Benedict XVI Billy Graham Sharaf al-Nawawi Category: Current Events Question 77 :  Category: Current Events Question 77 The people of Venezuela surprised President Hugo Chavez by doing what in a December election? Supported a referendum that would extend his presidential powers and increase socialist reforms. Defeated a referendum that would extend his presidential powers and increase socialist reforms. Supported a referendum that increased democratic reforms. Defeated a referendum that would expand parliamentary power. Category: Current Events Question 78:  Category: Current Events Question 78 Gillian Gibbons caused quite a stir in Sudan because she did to what for her students? Taught English and “western ways”. Taught them to be self sufficient (and therefore less dependent upon current leaders). Named a toy teddy bear Muhammad. Enabled UK NGOs to smuggle food and books against the wishes of the ruling party. Category: Current Events Question 79:  Category: Current Events Question 79 A National Intelligence Estimate, released in December 2007 and compiled by the 16 agencies of the US intelligence community, reported with “high confidence” that Iran … what? Is currently the world’s greatest threat. Will not be able to sustain its military advantage in the region. Is ready, within 2 years, to develop a nuclear weapon. Froze its nuclear weapons program in 2003 Category: Current Events Question 80:  Category: Current Events Question 80 Kenya is spiraling towards anarchy as rival parties fight over the legitimacy of the elected president. An MP, Mugabe Were, of the opposition ODM party, was murdered this week igniting intense rioting in Nairobi and inter-ethnic fighting in the Rift Valley. Who supposedly won (or stole) the Kenyan presidential election? Mwai Kibaki Kofi Anan Raila Odinga Eric Kiraithe WorldQuest Delaware :  WorldQuest Delaware Round 9 People in the News Category: People in the News Question 81:  Category: People in the News Question 81 After his commanding officer resigned to solely be president, this man took over as Chief of Army Staff of Pakistan. Who is this man? Pervez Musharraf Ashfaq Kayani Jenhangir Karamat Shaukat Aziz Category: People in the News Question 82:  Category: People in the News Question 82 This revolutionary Swedish-born director of such films as The Seventh Seal died on July 30th of 2007. Who is he? Ingmar Bergman Dag Hammarskjold Sven Nykvist Michelangelo Antonioni Category: People in the News Question 83:  Category: People in the News Question 83 Who is this European leader? Nicolas Sarkozy (President of France) Category: People in the News Question 84:  Category: People in the News Question 84 This politician was able to form an interim government in Belgium. Who is he? Yves Leterne Guy Verhofstadt Dirk Verhofstadt Willy de Clercq Category: People in the News Question 85:  Category: People in the News Question 85 Rajendra Pachauri, chairman of the Intergovernmental Panel on Climate Change, had much to celebrate when his panel won which Nobel Prize? Science Physics Mathematics Peace Category: People in the News Question 86:  Category: People in the News Question 86 This Hungarian-born political activist and financier received a lot of flack for running the “General Betray Us” ad in the New York Times. Who is he? George Stephanopolous George Soros Ernie Kovacs Ernest Laszlo Category: People in the News Question 87:  Category: People in the News Question 87 Who is this German Chancellor? Angela Merkel Category: People in the News Question 88:  Category: People in the News Question 88 The return to power of the People Power Party may enable this former Prime Minister to lead Thailand again. Who is he? Thaksin Shinawatra Samak Sundaravej Charnchai Silapauaychai King Mongkut Category: People in the News Question 89:  Category: People in the News Question 89 This Venezuelan leader accused CNN of trying to instigate his death when they ran a false report of his assassination. Who is he? Hugo Chavez Category: People in the News Question 90:  Category: People in the News Question 90 This twice-elected Pakistani prime minister was assassinated during her presidential campaign. Who is she? Benazir Bhutto WorldQuest Delaware :  WorldQuest Delaware Round 10 Economics 101 Category: ECON 101 Question 91:  Category: ECON 101 Question 91 This graph is one of the most basic in economics. Point A in the middle, where the lines cross, is called what in economics? Equilibrium Liquidity Monetary Neutrality Parity A Category: ECON 101 Question 92:  Category: ECON 101 Question 92 This graph was developed in the 1950s in an attempt to explain the relationship between inflation and unemployment. What is it called? Non-accelerating inflation rate of unemployment (NAIRU) curve The Phillips Curve The Efficient Frontier The Labor Rate Curve Category: ECON 101 Question 93:  Category: ECON 101 Question 93 “Positive economics” looks at what is. Which branch of economics looks at what ought to be? Normative Economics Development economics Marxist economics Growth economics Category: ECON 101 Question 94:  Category: ECON 101 Question 94 Modern economic theory is said to have started with Adam Smith’s classic tome. What is it? The Principals of Political Economy and Taxation An Inquiry into the Nature and Cause of the Wealth of Nations Price Theory The Economic Consequences of the Peace Category: ECON 101 Question 95:  Category: ECON 101 Question 95 What is the term used in economics and taxation that encourages the purchase of domestic products? Sales tax Stamp duty Tariff Value-added tax Category: ECON 101 Question 96:  Category: ECON 101 Question 96 According to the law of demand, which is correct? Price and quantity are directly related. Price and quantity are not related. Price and quantity define the value of labor. Price and quantity are inversely related. Category: ECON 101 Question 97:  Category: ECON 101 Question 97 Macroeconomic tools help explain all of the following except: Unemployment rate Inflation Agent interaction with individual markets National income rates Category: ECON 101 Question 98:  Category: ECON 101 Question 98 These three Americans shared the 2007 Nobel Prize for Economics. Who are they? Robert Fogel, Paul Samuelson and Douglas North Harry Markowitz, Merton Miller and William Sharpe Reinhard Selton, John Harsani and John Nash, Jr. Leonid Hurwicz, Eric Maskin and Roger Myerson Category: ECON 101 Question 99:  Category: ECON 101 Question 99 Which man is the Chairman of the Federal Reserve Board? A B C D Category: ECON 101 Question 100:  Category: ECON 101 Question 100 This man’s labor theory of value saw modern capitalist systems as oppressive and exploitative. Who was this revolutionary thinker? Friedrich Engels Thomas Malthus Karl Marx David Ricardo WorldQuest Delaware :  WorldQuest Delaware TIE BREAKER Category: International Law Tie Breaker 1:  Category: International Law Tie Breaker 1 Which treaty allows you to obtain an international driver’s permit with a valid driver’s license? 1949 UN Convention on International Road Traffic 1968 UN Convention on Road Traffic 1972 UN Convention on Highway Travel 1987 Montreal Protocol Category: ECON 101 Tie Breaker 2:  Category: ECON 101 Tie Breaker 2 Pure laissez-faire economists argue that the “invisible hand” can only correct the market with: Government regulation No government regulation Strong trade unions A viable stock market Category: Great Decisions 2007 Tie Breaker 3:  Category: Great Decisions 2007 Tie Breaker 3 The globalization of labor markets challenges the very notion of what? Unions The value of skilled labor The nation-state and national sovereignty Immigration as a threat Category: People in the News Tie Breaker 4:  Category: People in the News Tie Breaker 4 Who is this leader of Syria? a) Bashar al-Assad b) Hafez al Assad c) Emile Lahoud d) King Abdullah II Category: ECON 101 Tie Breaker 5:  Category: ECON 101 Tie Breaker 5 Under the Gold Standard, how could a country increase the competitiveness of its exports? Devalue their currency Decrease internal price levels Inflate internal price levels Levy tariffs

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