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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
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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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