Test Bank for International Economics 19e 19th Edition by Robert Carbaugh
TEST BANK FOR International Economics 19th Edition by Robert Carbaugh ISBN:978-8214041606 COMPLETE GUIDE ALL CHAPTERS COVERED 100% VERIFIED A+ GRADE ASSURED
T est Bank For
International Economics 19th Edition by Robert Carbaugh Copyright 2026
Chapter 1-14
Chapter 1 The International Economy and Globalization
1. Which of the following is a dimension of integration into the world economy?
a. Fair labor standards.
b. Flexible exchange rates.
c. Decreased foreign competition.
d. Dependence on imported materials.
ANSWER: d
FEEDBACK:
a.
b.
c.
d. Integration involves several dimensions, including the dependence on imported
materials.
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
NATIONAL STANDARDS: United States – BUSPROG: Analytic | Technology – BUSPROG: Analytic
STATE STANDARDS: United States – PA – DISC1: – Gains from trade, specialization, and trade
TOPICS: The United States as an Open Economy
KEYWORDS: BLOOM’S: Understand
DATE CREATED: 1/21/2025 3:40 AM
DATE MODIFIED: 1/21/2025 3:40 AM
2. Which of the following is a disadvantage of globalization?
a. Living standards can increase more rapidly.
b. Global competition and cheap imports keep a constraint on prices.
c. Easier access to foreign investment and low interest rates.
d. Companies building state-of-the-art factories in low-wage countries.
ANSWER: d

