Question 1

Which of the following is one of the primary reasons behind the persistence of economic stagnation in Japan in the 1990s?

Accepted Answer

A)   The caste system
B)   Inept political apparatus
C)   Aggressive internal competition
D)   Theocratic rule
E)   Lack of natural resources

Question 2

What is common among the Asian countries Hong Kong, South Korea, Singapore, and Taiwan?

Accepted Answer

A)   They were among the first countries in Asia to move from a status of developing countries to newly industrialized countries.
B)   They have a middle class numbering some 250 million, about the population of the United States.
C)   The exports in these countries are growing at a rate of 50 percent annually.
D)   They have faced a serious disadvantage in the information age due to their complex languages.
E)   They all have the custom of "baksheesh," a deeply ingrained system of bribery.

Question 3

In recent years, the United States has emerged as Japan's single largest trading partner, surpassing the Southeast Asian countries.

Accepted Answer

A) True 
 B)False

Question 4

Identify an accurate statement about Hong Kong, post its turnover to the People's Republic of China.

Accepted Answer

A)   After becoming a special administrative region of the People's Republic of China, Hong Kong has lost its autonomy.
B)   The Hong Kong government negotiates bilateral agreements and makes major economic decisions on its own.
C)   The central government in Beijing has no jurisdiction over matters related to foreign affairs and defense of Hong Kong.
D)   The Hong Kong dollar has ceased to be freely convertible after its turnover to the People's Republic of China.
E)   The Hong Kong SAR government openly opposes economic policies that stresses the predominant role of the private sector.

Question 5

Grameen Bank is a private commercial enterprise in _____.

Accepted Answer

A)   Bangladesh
B)   China
C)   Japan
D)   Sri Lanka
E)   South Korea

Question 6

_____ is a unique forum that has evolved into the primary regional vehicle for promoting trade liberalization and economic cooperation, and includes all the major economies around the Pacific Rim, from Russia to Chile to Australia, the most dynamic, fastest growing economies in the world.

Accepted Answer

A)   NAFTA
B)   ASEAN
C)   ASEAN+3
D)   SADC
E)   APEC

Question 7

Which of the following is true of the standard of living of the eight most populous countries of the Asia/Pacific region?

Accepted Answer

A)   The Japanese rail system is the most underdeveloped in the world.
B)   In the Philippines, most people travel by train.
C)   As a result of communism, China and Vietnam place low emphasis on health.
D)   The Japanese healthcare system produces the longest lifespans in the world.
E)   Consumption patterns indicate that the Chinese place much lower emphasis on education compared with Indians.

Question 8

Which of the following is the best way to stimulate economic development and growth from within developing countries?

Accepted Answer

A)   Imposing embargoes
B)   Encouraging governmental regulations
C)   Restricting immigration
D)   Increasing tariffs on exports
E)   Encouraging networked entrepreneurial activities

Question 9

Tianjin is China's largest industrial city.

Accepted Answer

A) True 
 B)False

Question 10

The three contiguous provinces in Northeast China _____, Jilin, and Heilongjiang have long represented a cohesive unit in terms of culture and the political economy.

Accepted Answer

A)   Gansu
B)   Shanxi
C)   Henan
D)   Liaoning
E)   Sichuan

Question 11

According to analysts, Japan's long entrenched Liberal Democratic political party was one of the reasons for the Japanese crisis.

Accepted Answer

A) True 
 B)False

Question 12

The first meeting of the members of the ASEAN+3 was devoted to devising a system whereby the member countries could:

Accepted Answer

A)   defend their currencies against future attack.
B)   improve the multilateral trade.
C)   keep inflation under check.
D)   acquire nuclear technology.
E)   improve agricultural production.

Question 13

Political explanations of Japan's crisis during the 1990s identified two villains. One of them was the country's long entrenched Liberal Democratic Political Party. Which of the following is the other one?

Accepted Answer

A)   Japan's trade policies with the United States
B)   Japan's refusal to join Asian trade blocs
C)   The powerful influence of the royalty in political issues
D)   The hidebound Japanese bureaucracy
E)   The splintering of Japan's right-wing political parties

Question 14

This region in China includes three cities of over 5 million inhabitants (Hong Kong, Guangzhou, and Shenzhen) ; five cities with more than 1 million inhabitants (Zhuhai, Huizhou, Foshan, Zhongshan, and Dongguan) ; and a number of cities that each contain approximately half a million inhabitants, such as Macau. Identify the region.

Accepted Answer

A)   Shanghai
B)   Northeast China
C)   Yangtze River Delta
D)   The Greater Pearl River area
E)   Taiwan

Question 15

The Four Asian Tigers are: China, Thailand, India, and North Korea.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is the biggest threat to the fast pace of growth China is experiencing?

Accepted Answer

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
D)   Reformation of the traditional legal system
E)   Economic volatility accompanied by fast growth

Question 17

The most rapidly growing economies in the Asia Pacific region during the 1980s and 1990s, Hong Kong, South Korea, Singapore, and Taiwan are often referred to as the _____.

Accepted Answer

A)   Four Lions
B)   Four Elephants
C)   Four Dragons
D)   Four Horses
E)   Four Swans

Question 18

The true consumer market in China is probably limited to no more than _____ percent of those who live in the more affluent cities.

Accepted Answer

A)   9
B)   15
C)   25
D)   33
E)   48

Question 19

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 1990s. Which of the following theories are we talking about?

Accepted Answer

A)   The Cultural Causation theory
B)   The Power Shift theory
C)   The Third Way theory
D)   The Hybridity theory
E)   The Cultural Capital theory

Question 20

Which of the following is one of the primary targets of ASEAN Vision 2020?

Accepted Answer

A)   To implement fully and as rapidly as possible the ASEAN Free Trade Area.
B)   To form the ASEAN+3 to deal with trade and monetary issues facing Asia.
C)   To shift Asian economies from manufacturing based to commodity based.
D)   To aid Japan's emergence as the major provider of technology and capital necessary to develop new industries.
E)   To prevent the further privatization of state-owned industries.

Exam 11: The Asia Pacific Region

Which of the following is one of the primary reasons behind the persistence of economic stagnation in Japan in the 1990s?

Correct Answer
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The Four Asian Tigers are: China, Thailand, India, and North Korea.

Correct Answer
verified

What is common among the Asian countries Hong Kong, South Korea, Singapore, and Taiwan?

Correct Answer
verified

The true consumer market in China is probably limited to no more than _____ percent of those who live in the more affluent cities.

Correct Answer
verified

Grameen Bank is a private commercial enterprise in _____.

Correct Answer
verified

Which of the following is the best way to stimulate economic development and growth from within developing countries?

Correct Answer
verified

The first meeting of the members of the ASEAN+3 was devoted to devising a system whereby the member countries could:

Correct Answer
verified

Which of the following is true of the standard of living of the eight most populous countries of the Asia/Pacific region?

Correct Answer
verified

Identify an accurate statement about Hong Kong, post its turnover to the People's Republic of China.

Correct Answer
verified

Which of the following is one of the primary targets of ASEAN Vision 2020?

Correct Answer
verified

Political explanations of Japan's crisis during the 1990s identified two villains. One of them was the country's long entrenched Liberal Democratic Political Party. Which of the following is the other one?

Correct Answer
verified

The most rapidly growing economies in the Asia Pacific region during the 1980s and 1990s, Hong Kong, South Korea, Singapore, and Taiwan are often referred to as the _____.

Correct Answer
verified

_____ is a unique forum that has evolved into the primary regional vehicle for promoting trade liberalization and economic cooperation, and includes all the major economies around the Pacific Rim, from Russia to Chile to Australia, the most dynamic, fastest growing economies in the world.

Correct Answer
verified

The three contiguous provinces in Northeast China _____, Jilin, and Heilongjiang have long represented a cohesive unit in terms of culture and the political economy.

Correct Answer
verified

Which of the following is the biggest threat to the fast pace of growth China is experiencing?

Correct Answer
verified

Correct Answer
verified

In recent years, the United States has emerged as Japan's single largest trading partner, surpassing the Southeast Asian countries.

Correct Answer
verified

Tianjin is China's largest industrial city.

Correct Answer
verified

Correct Answer
verified

According to analysts, Japan's long entrenched Liberal Democratic political party was one of the reasons for the Japanese crisis.

Correct Answer
verified

Exam 11: The Asia Pacific Region

Which of the following is one of the primary reasons behind the persistence of economic stagnation in Japan in the 1990s?

Correct AnswerverifiedShow Answer

The Four Asian Tigers are: China, Thailand, India, and North Korea.

Correct AnswerverifiedShow Answer

What is common among the Asian countries Hong Kong, South Korea, Singapore, and Taiwan?

Correct AnswerverifiedShow Answer

The true consumer market in China is probably limited to no more than _____ percent of those who live in the more affluent cities.

Correct AnswerverifiedShow Answer

Grameen Bank is a private commercial enterprise in _____.

Correct AnswerverifiedShow Answer

Which of the following is the best way to stimulate economic development and growth from within developing countries?

Correct AnswerverifiedShow Answer

The first meeting of the members of the ASEAN+3 was devoted to devising a system whereby the member countries could:

Correct AnswerverifiedShow Answer

Which of the following is true of the standard of living of the eight most populous countries of the Asia/Pacific region?

Correct AnswerverifiedShow Answer

Identify an accurate statement about Hong Kong, post its turnover to the People's Republic of China.

Correct AnswerverifiedShow Answer

Which of the following is one of the primary targets of ASEAN Vision 2020?

Correct AnswerverifiedShow Answer

Political explanations of Japan's crisis during the 1990s identified two villains. One of them was the country's long entrenched Liberal Democratic Political Party. Which of the following is the other one?

Correct AnswerverifiedShow Answer

The most rapidly growing economies in the Asia Pacific region during the 1980s and 1990s, Hong Kong, South Korea, Singapore, and Taiwan are often referred to as the _____.

Correct AnswerverifiedShow Answer

_____ is a unique forum that has evolved into the primary regional vehicle for promoting trade liberalization and economic cooperation, and includes all the major economies around the Pacific Rim, from Russia to Chile to Australia, the most dynamic, fastest growing economies in the world.

Correct AnswerverifiedShow Answer

The three contiguous provinces in Northeast China _____, Jilin, and Heilongjiang have long represented a cohesive unit in terms of culture and the political economy.

Correct AnswerverifiedShow Answer

Which of the following is the biggest threat to the fast pace of growth China is experiencing?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

In recent years, the United States has emerged as Japan's single largest trading partner, surpassing the Southeast Asian countries.

Correct AnswerverifiedShow Answer

Tianjin is China's largest industrial city.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

According to analysts, Japan's long entrenched Liberal Democratic political party was one of the reasons for the Japanese crisis.

Correct AnswerverifiedShow Answer

Correct Answer
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