Hard International Political Economy Test - 89+ MCQs: International Political Economy test: Assess Your Knowledge with Political Science Questions and Answers

1. Which of the following is a characteristic of multinational corporations (MNCs)?

They operate only within a single country

They are owned and controlled by the government

They have a limited impact on the global economy

They have operations in multiple countries

2. What is the main cause of global economic inequality?

Lack of technological innovation

Unequal distribution of natural resources

Political instability in developing countries

Trade imbalances between developed and developing countries

3. What is the political economy of human rights?

The study of the political and economic factors influencing human rights

The study of the economic implications of human rights violations

The study of the impact of human rights on political systems

The study of the political dynamics within human rights movements

4. What is the relationship between International Political Economy and Power?

Power shapes and is shaped by international economic relations

Power has no influence on international economic relations

International economic relations have no influence on power

International Political Economy is not concerned with power

5. Which of the following is a major theoretical perspective in International Political Economy?

Realism

Liberalism

Marxism

All of the above

6. Which of the following is a key assumption of mercantilism?

Countries should strive for a trade surplus

Countries should strive for a trade deficit

Countries should strive for balanced trade

Countries should not engage in international trade

7. What is the relationship between International Political Economy and Human Rights?

International Political Economy recognizes the link between economic factors and human rights

International Political Economy has no concern for human rights

Human rights have no influence on international economic relations

International Political Economy is not concerned with human rights

8. What is the political economy of globalization?

The study of how politics and economics shape the process of globalization

The study of global governance institutions

The study of global inequality and poverty

The study of global environmental issues

9. What is the political economy of conflict?

The study of how politics and economics shape the causes and dynamics of conflict

The study of international peacekeeping and conflict resolution

The study of arms trade and military-industrial complex

The study of civil wars and terrorism

10. What is the concept of comparative advantage?

The ability of a country to produce a good or service at a lower opportunity cost than other countries

The ability of a country to produce a good or service more efficiently than other countries

The ability of a country to produce a good or service using fewer resources than other countries

The ability of a country to produce a good or service that is in high demand in the global market

International Political Economy MCQ Test 5