QUESTION 30

1. The shoe example given in class lecture stated that China reduces the taxes on export-oriented shoe companies in China (Subsidy) This lack of Tax is so dramatic and has such a large impact that the U.S. charges China. This is a form of protectionisms and is called..

   		Dumping
   		Regulation barriers
   		Importing
   		Exporting

2 points

QUESTION 31

1. Most countries are experiencing economic prosperity but they have also experienced an increasing gap between the rich and the poor, including a large array of emergent social, economic, political and environment problems. This is a critique of what?

   		Immigrant workers
   		Neoliberalism
   		Global wealth distribution
   		CAFTA

2 points

QUESTION 32

1. Between 1993 and 2012 NAFTA produced all of the following results except:

   		The U.S. lost 110,000 jobs per year
   		Increased Mexican incomes
   		Loss of jobs to Mexico
   		Mexico experienced environmental enhancements

2 points

QUESTION 33

1. The economic reform in China includes all of the following changes and impacts except?

   		China had the world's fastest economic growth
   		China has the fastest growing wealth distribution and income disparity
   		China adopted the principles of neoliberalism such as free trade, privatization and foreign investment
   		China's Environment was enhanced

2 points

QUESTION 34

1. As used in this class, what are equities?

   		The net value of an owner in their home
   		Fairness
   		Preferences
   		Non-negotiable interest

2 points

QUESTION 35

1. What independent agency plays one of the largest roles in economic policy?

   		The congress
   		The FED
   		Wall Street
   		The White House

2 points

QUESTION 36

1. Listed below are all actions taken by the FED to implement monetary policy except:

   		Regulating the money kept in bank reserves for member banks
   		Buying and selling federal government securities
   		Managing and directing Congress on Fiscal policy
   		Changing the interest rates charged banks