Part II; 6. Globalization first appeared on the world stage two decades ago. Tru
ID: 1197344 • Letter: P
Question
Part II;
6. Globalization first appeared on the world stage two decades ago.
True
False
7. When World War II ended, the new era of globalization began.
True
False
8.A decrease in Japanese real interest rates causes the dollar to _____________ which tends to _______________ U.S. Real GDP.
appreciate; raise
appreciate; lower
depreciate; raise
depreciate; lower
9. As the dollar depreciates, the foreign price of United States goods _________________, ultimately shifting the United States AD curve _____________.
rises; rightward
rises; leftward
falls; rightward
falls; leftward
10.In 2000, the top 100 transnational companies produced about _____________ percent of the entire world’s output, which was approximately as much as what ________________ produced that year.
4.1; Japan
4.3; the United Kingdom
10.9; China
25.1; the United States
appreciate; raise
appreciate; lower
depreciate; raise
depreciate; lower
9. As the dollar depreciates, the foreign price of United States goods _________________, ultimately shifting the United States AD curve _____________.
rises; rightward
rises; leftward
falls; rightward
falls; leftward
10.In 2000, the top 100 transnational companies produced about _____________ percent of the entire world’s output, which was approximately as much as what ________________ produced that year.
4.1; Japan
4.3; the United Kingdom
10.9; China
25.1; the United States
Explanation / Answer
6 FAlse
7 true
8 Appreciate, lower
9 Rises, rightward
9 4.3; UK