POL223 Past Questions

POL223

A company that is fully or partly owned by Government is also know as a enterprise?
Answer: public

WTO means World Trade Organisation. True or False?
Answer: true

The primary mechanism of globalisation is said to include Internationalisation of
Answer: knowledge

In what year did the World Trade Organisation come into existence?
Answer: 1995

scholar is the propounder of Marxist thoughts/theory?
Answer: karl marx

Critics of Capitalism say it puts so much wealth in the hands of the ?
Answer: oligarchs

Communist Ideology is centered on equality?
Answer: social

IMF came into existence after the World War?
Answer: 2nd

Labour is regarded as the conscious and purposeful activity of people to produce ?
Answer: material wealth

Another prominent contributor to Marxist thoughts is ?
Answer: engels

International Bank for Reconstruction and Development is otherwise known as ?
Answer: world bank

Capitalist Ideology is largely centered on economy?
Answer: free market

Third World Countries commonly refer to most Countries in Asia, South America and ?
Answer: africa

A prominent scholar of the Dependency theory is known as ?
Answer: g. frank

Export and Import are commonly used terms in trade?
Answer: international

Marxist view observed that class struggle was between the slaves and the
Answer: feudal lords

Multinational Corporations(MNC) are also known as Corporations?
Answer: transnational

world countries are regarded as peripheral economies?
Answer: third

Dependency theory sees the World as split between métropole and satellites. True or False?
Answer: true

IMF, WB, WTO are all part of Institutions/System formed in 1944?
Answer: bretton woods

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