31. (p. 306) What are the particular cultural hurdles, the overcoming of which can transform China into a vast market in the long run?
A. Rigid hierarchy and male chauvinism
B. Thrift and xenophobia
C. Language barrier and stereotyping
D. Ritualism and ethnocentrism
E. Gender divide and narcissism
32. (p. 306) Which of the following is the biggest threat for the fast pace of growth China is experiencing?
A. Increased opening of the market to foreign investments
B. Trade isolation by other ASEAN countries
C. Losing the permanent normal trade relations (PNTR) status conferred by the U.S.
D. India and other Asian countries doubling their development efforts
E. Economic volatility that accompanies fast growth
33. (p. 306) All of the following are true regarding Hong Kong EXCEPT that:
A. Hong Kong became a special administrative region (SAR) of the People’s Republic of China in 1944.
B. the Basic Law of the Hong Kong SAR forms the legal basis for China’s “one country, two systems” agreement.
C. the Basic Law of the Hong Kong SAR guarantees Hong Kong a high degree of autonomy.
D. the Hong Kong government negotiates bilateral agreements and makes major economic decisions on its own.
E. the central government in Beijing is responsible only for foreign affairs and defense of the SAR.
34. (p. 307) What is the tenet that China follows to ensure that Hong Kong’s exuberant capitalism is retained despite the communist leanings of mainland China?
A. Free Trade Area of the country
B. Sovereignty of the provinces
C. Federalism
D. Unity in diversity
E. One country, two systems
35. (p. 307) Which of the following represent the “three direct links” leading to the establishment of One China?
A. Transportation, trade, and communications
B. Culture, language, and religion
C. History, language, and transportation
D. Federal bodies, education, and trade
E. Technology, natural resources, and people
36. (p. 308) Which of the following is NOT one of the theories explaining the persistence of stagnation in Japan in the 1990s?
A. Faulty economic policies
B. Inept political apparatus
C. Aggressive competition, especially from East Asian economies
D. Disadvantages due to global circumstances
E. Cultural inhibitions
37. (p. 309) Political explanations of Japan’s crisis during the 1990s identified two villains. One of them was the powerful Japanese bureaucracy. Which of the following is the other one?
A. Japan’s trade policies with the U.S.
B. Japan’s refusal to join Asian trade blocs
C. The powerful influence of the royalty in political issues
D. The long entrenched Liberal Democratic Political Party
E. The splintering of most of Japan’s right-wing political parties
38. (p. 309) In the 1970s, Frank Gibney had called Japan The Fragile Superpower, which was confirmed with the crisis of the 1990s. In his new appraisal, Gibney writes that Japan has become the victim of:
A. neighborhood sickness.
B. political correctness.
C. being penny-wise and pound-foolish.
D. herd behavior.
E. one-party sickness.
39. (p. 310) Which of the following out-of-control factor explains Japan’s end-of-the-century economic problems?
A. The deeply-rooted bureaucratic structure
B. The rise in global oil prices
C. The complex Japanese language
D. The growing fiscal deficit
E. The burgeoning population
40. (p. 310) Immediately after World War II, a shattered Japanese nation arrived at a consensus goal for national recovery. That consensual goal provided the incentive for its spectacular progress, decade after decade. Then during the late 1980s, the Japanese people stepped back and looked around at their manifest achievement. It was easy to conclude they had reached their coveted goal. So the question for them became, “all right, what’s next?” This theory tries to explain the Japanese crisis of the 90’s. Which of the following theory are we talking about?
A. The Cultural Causation theory
B. The Power Shift theory
C. The Third Way theory
D. The Hybridity theory
E. The Cultural Capital theory
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