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BSP2005
ASIANBUSINESSENVIRONMENTS:PreClassAssessmentWeek3

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AssessmentTitle:

StudentName:
StartDateandTime:

ASIANBUSINESS
ENVIRONMENTS:Pre
ClassAssessmentWeek
3
SHENLE
29Jan201510:58PM

Numberof
Attempts:

1outof1

Duration:

17m26s

TotalMarks:

17.21outof20

YoucanalwaysviewyourassessmentfeedbackbyclickingonUsage/My
UsageinthehorizontalmenufromtheIVLEWorkspace.
Section1
1)RodrikandSubramian(2003)testtheimpactofthreefactorsonlongtermeconomicgrowth.Whatare
they?

culture,colonialinfluence,economicopenness
geography,culture,foreigninvestment
geography,integration,institutions
sizeofdomesticmarket,qualityofinfrastructure,institutions
YourAnswer:

geography,integration,institutions

CorrectAnswer:

geography,integration,institutions

YourMarks:

1outof1

2)RodrikandSubramian(2003)concludefromtheireconometricanalysisthat:

institutionsarebyfarthemostimportantfactor.
theimpactofinstitutionsisconditionalongeography.
integrationhasweakindirecteffectsongrowth,butstrongdirecteffect
allthreefactorsareimportantandmustbeconsideredtogether
YourAnswer:

institutionsarebyfarthemostimportantfactor.

CorrectAnswer:

institutionsarebyfarthemostimportantfactor.

YourMarks:

1outof1

3)WhichoftheseisNOTaneconomicinstitutionconsideredbyRodrikandSubramian(2003):

marketaugmenting
marketstabilizing
marketcreating
marketregulating
marketlegitimizing
YourAnswer:

marketaugmenting

CorrectAnswer:

marketaugmenting

YourMarks:

1outof1

4)RodrikandSubramian(2003)feelobligatedtoaddressthequestionofendogeneityintheiranalysisofthe
impactofinstitutionsongrowth?Whatisthespecificendogeneityproblemtheyareconcernedabout?

Resourceendowmentsgeneratebothgoodinstitutionsandeconomicgrowth.
Highlycontagiousdiseaseswouldaffecttheextentofcolonialactivityandeconomic
growth.
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Institutionsmaycausegrowth,butrichercountriescanaffordtocreateandmaintain
higherqualityinstitutions.
Peoplemigratefrompoortorichcountries.
YourAnswer:

Institutionsmaycausegrowth,butrichercountriescanaffordtocreateandmaintain
higherqualityinstitutions.

CorrectAnswer:

Institutionsmaycausegrowth,butrichercountriescanaffordtocreateandmaintain
higherqualityinstitutions.

YourMarks:

1outof1

5)HowdoRodrikandSubramian(2003)adjudicatewhichoftheaboveinstitutionsisdoingtheworkintheir
statisticalanalysis?

Theycarefullycodeandtesteachinstitutionseparately.
Theuseaninstrumentalvariablesanalysis.
Theydon'tsay.
Theycan'tdoit.Countriesthathavehighscoresononeoftheseinstitutionsusuallyhave
highscoresonothers.
YourAnswer:

Theuseaninstrumentalvariablesanalysis.

CorrectAnswer:

Theuseaninstrumentalvariablesanalysis.

YourMarks:

1outof1

6)RodrikandSubramian(2003)advocateaspecificconstellationofinstitutionsthatwillachievetheoptimum
benefits.

True
False
YourAnswer:

False

CorrectAnswer:

False

YourMarks:

1outof1

7)AccordingtoSachs(2003),focusingoninstitutionsunderestimatestheroleofgeography.Whatwould
Sachsincludeundertheumbrelladefinitionofgeography?[NOTE:YOUMAYCHOOSEMORETHANONE
ANSWERBUT,OFCOURSE,YOUDON'THAVETO!]

proximitytomarkets
inheritedculturaltraditions
diseaseprofile(i.e.typeofdisease,infectionrates)
landlockedorclosetowatertransportationpossibilities
proximitytomarkets
YourAnswer:

diseaseprofile(i.e.typeofdisease,infectionrates)
landlockedorclosetowatertransportationpossibilities
proximitytomarkets

CorrectAnswer:

diseaseprofile(i.e.typeofdisease,infectionrates)
landlockedorclosetowatertransportationpossibilities

YourMarks:

1outof1

8)Sachsbelievesthataidassistanceshouldfocusonovercominggeographicalburdensandignore
institutions

True
False
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YourAnswer:

False

CorrectAnswer:

False

YourMarks:

1outof1

9)Sachs(2003)considersthepossibilityofinternationalmigrationasamarketbasedsolutionto
underdevelopmentinapoorlandlockedstate,butdismissesit.Why?

Languageandculturalbarriersmakeinternationalimmigrationunattractive.
Peopleliketheirhomesandland,anddon'twanttoleavethem.
Theinternationalsystemdeniestheoptionofmigrationonasystematicbasis.
Poorpeoplewouldbetooweaktoendureinternationaltravel.
YourAnswer:

Theinternationalsystemdeniestheoptionofmigrationonasystematicbasis.

CorrectAnswer:

Theinternationalsystemdeniestheoptionofmigrationonasystematicbasis.

YourMarks:

1outof1

10)MacIntyre(2001)arguesthatagreaternumberofvetoplayersleadsto:

higherlikelihoodofeconomiccrisis
greaterpolicyriskforinventors
greaterpolicystability
greaterpolicyflexibility
YourAnswer:

greaterpolicystability

CorrectAnswer:

greaterpolicystability

YourMarks:

1outof1

11)WhichofthemainfourSoutheastAsiancountrydiscussedinMacIntyre(2001)wasleasthardhitbythe
SoutheastAsiancrisisinthelate1990s?

Thailand
Philippines
Malaysia
Indonesia
YourAnswer:

Philippines

CorrectAnswer:

Philippines

YourMarks:

1outof1

12)MacIntyre(2001)arguesthat,ofthefourmainSoutheastAsiancountries,thecountrywiththemostveto
pointsatthetimeofthecrisiswas:

Thailand
Philippines
Malaysia
Indonesia
YourAnswer:

Thailand

CorrectAnswer:

Thailand

YourMarks:

1outof1

13)MacIntyre(2001)arguesthatThailand'scrisisbeganonJuly2nd,1997,whenitspeggedexchangerate
collapsed.

True
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False
YourAnswer:

False

CorrectAnswer:

False

YourMarks:

1outof1

14)MacIntyre(2001)arguesthattheintermediatenumberofvetopointsinthePhilippineshelpstoexplain
whyitseconomicgrowthandabilitytoattractforeigndirectinvestmenthasbeenrelativelyhighoverthepast
twodecades.

True
False
YourAnswer:

False

CorrectAnswer:

False

YourMarks:

1outof1

15)MacIntyre(2001)assignstwovetopointsforMalaysiatorepresenttheduelingpolicypositionsofPrime
MinisterMahathirandhisFinanceMinisterAnwarIbrahimbutreducesthistoonewhenMahathirhadAnwar
firedandarrestedinthesecondhalfof1998.

True
False
YourAnswer:

False

CorrectAnswer:

False

YourMarks:

1outof1

16)MacIntyre(2001)arguesthattheIndonesianeconomysufferedfromthefactthatSuhartocould
unilaterallyorderstrongandimmediateactiononanyfront.

True
False
YourAnswer:

True

CorrectAnswer:

True

YourMarks:

1outof1

17)OPINION:Whicharticledoyouagreewithmore,RodrikandSubramian(2003)orSachs

(2003)?[THEREISNOCORRECTANSWER,BUTPLEASECHOOSEONLYONE.]

RodrikandSubramian(2003)
Sachs(2003)
YourAnswer:
CorrectAnswer:
YourMarks:

Sachs(2003)
RodrikandSubramian(2003)
Sachs(2003)
0.5outof1

18)OPINION:WherewouldyouplaceSingaporeonthesmilefigureinFigure4inMacIntyre
(2001)?[THEREISNOCORRECTANSWER,BUTPLEASECHOOSEONLYONE.]

lownumberofvetopoints
intermediatenumberofvetopoints
highnumberofvetopoints
YourAnswer:

lownumberofvetopoints
lownumberofvetopoints

https://ivle.nus.edu.sg/assessment/result_details.aspx?assessmentid=15e7bcd4bef14694af99f3ef0e93bc62&sessionid=b89cbaad547e4f5c9ec86686

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CorrectAnswer:
YourMarks:

intermediatenumberofvetopoints
highnumberofvetopoints
0.333outof1

19)OPINION:WhichcountryinSoutheastAsia(notincludingSingapore)wouldyoubemostinterestedto
workinordoaninternshipin?[THEREISNOCORRECTANSWER,BUTPLEASECHOOSEONLY

ONE.]

Thailand
Philippines
Malaysia
Indonesia
Vietnam
Myanmar
Cambodia
Laos
YourAnswer:

CorrectAnswer:

YourMarks:

Malaysia
Thailand
Philippines
Malaysia
Indonesia
Vietnam
Myanmar
Cambodia
Laos
0.125outof1

20)OPINION:WhichcountriesinSoutheastAsiahaveyoupersonallyvisitied?[THISQUESTION,OFCOURSE,
HASNOCORRECTANSWERPLEASEMARKALLTHATAPPLY]

Thailand
Philippines
Malaysia
Indonesia
Vietnam
Myanmar
Cambodia
Laos
YourAnswer:

CorrectAnswer:

YourMarks:

Thailand
Malaysia
Thailand
Philippines
Malaysia
Indonesia
Vietnam
Myanmar
Cambodia
Laos
0.25outof1

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