71.Which of the following statements is true about the late influential political scientist Samuel Huntington’s vision of the new world?
A. Samuel Huntington maintained that as societies continue modernizing they will also become more Western.
B. Samuel Huntington theorized that modernization in non-Western societies can result in a retreat toward the traditional.
C. Samuel Huntington predicted that the universalization of Western liberal democracy will be the final form of human government.
D. Samuel Huntington envisioned the end of war of ideas between different civilizations.
E. Samuel Huntington suggested that most of the developing countries will stop adopting the material paraphernalia of the modern world.
72.In Samuel Huntington’s thesis, global terrorism is a product of the:
A. clash of value systems and ideology between civilizations.
B. widespread acceptance of universal global civilization.
C. declining liberal democratic ideals.
D. differences in the factor endowments between countries.
E. geographical differences between nations.
73.Which of the following is most likely to prove detrimental to democracy and international business?
A. Emergence of increasingly prosperous middle and working classes
B. Development of new information and communication technologies
C. Dominance of universal civilization which leads to the establishment of a more harmonious world
D. Transformation of nations from centrally planned command economies to market-based economies
E. Emergence of different civilizations, each of which has its own value systems and ideology
74.In the context of global economy, which of the following has been widely accepted since the late 1980s?
A. Centrally planned command economy
B. Mixed economy
C. Nationalization of private property
D. Deregulation of economies to promote greater competition
E. Authoritarian regime
75.Which of the following statements is true about the changing economic system since the 1980s?
A. There has been a shift from market-based economies to centrally planned economies.
B. There has been a shift away from a mixed economy.
C. Many states have restricted the sale of state-owned businesses to private investors.
D. The competition between economies has been reducing.
E. The extent to which property rights are protected has declined.
76.The government of Great Lanthania is planning to adopt a market-based economic system. To be able to do so, the government of this country should:
A. abolish the laws that deal with protection of property rights.
B. introduce stringent foreign investment regulations.
C. increase its intervention in the economy.
D. adopt privatization.
E. oppose democracy.
77.Which of the following is most likely to be implemented by a country as a part of deregulation?
A. Prohibition of private enterprises from operating in certain sectors
B. Commitment toward communism
C. Removal of price controls
D. Centrally planned economic system
E. Increased restrictions on foreign direct investment
78.The United Nation of Zorwaya has strict restrictions on direct investment by foreign enterprises, and it opposes the establishment and operation of private enterprises. The highest authority in the country enforces tight control over prices and production output. According to this information, the United Nation of Zorwaya most likely opposes _____.
A. nationalization of private assets
B. deregulation
C. socialism
D. totalitarian ideologies
E. command economies
79.Which of the following is most likely to indicate that the nation of Erbia has adopted deregulation?
A. Erbian government exercises tight control over the prices of food grains.
B. The establishment of private enterprises in steel industry is prohibited by the Erbian government.
C. The retail sector in Erbia has been opened for foreign direct investment.
D. The Erbian government has been criticized for its inability to introduce a legal system to safeguard property rights.
E. Erbia ranks the lowest among the countries that grant both political and economic freedoms to its citizens.
80.Which of the following steps is most likely to be involved in the deregulation of an economy?
A. Increasing restrictions on direct investment by foreign enterprises and international trade
B. Privatizing the state-owned enterprises
C. Exercising a high degree of state control over production and pricing
D. Abolishing the laws that are related to the protection of property rights
E. Opposing democracy by adopting communism
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