25/01/2016IVLE Assessment CLOSE BSP2005 ASIAN BUSINESS ENVIRONMENTS: PreClass Assessment Week 3 Print Assessment Title : Student Name : Start Date and Time : ASIAN BUSINESS ENVIRONMENTS: Pre Class Assessment Week 3 SHEN LE 29Jan2015 10:58 PM Number of Attempts : 1 out of 1 Duration : 17m 26s Total Marks : 17.21 out of 20 You can always view your assessment feedback by clicking on Usage/My Usage in the horizontal menu from the IVLE Workspace. Section 1 1) Rodrik and Subramian (2003) test the impact of three factors on longterm economic growth. What are they? culture, colonial influence, economic openness geography, culture, foreign investment geography, integration, institutions size of domestic market, quality of infrastructure, institutions Your Answer : geography, integration, institutions Correct Answer : geography, integration, institutions Your Marks : 1 out of 1 2) Rodrik and Subramian (2003) conclude from their econometric analysis that: institutions are by far the most important factor. the impact of institutions is conditional on geography. integration has weak indirect effects on growth, but strong direct effect all three factors are important and must be considered together Your Answer : institutions are by far the most important factor. Correct Answer : institutions are by far the most important factor. Your Marks : 1 out of 1 3) Which of these is NOT an economic institution considered by Rodrik and Subramian (2003): marketaugmenting marketstabilizing marketcreating marketregulating marketlegitimizing Your Answer : marketaugmenting Correct Answer : marketaugmenting Your Marks : 1 out of 1 4) Rodrik and Subramian (2003) feel obligated to address the question of endogeneity in their analysis of the impact of institutions on growth? What is the specific endogeneity problem they are concerned about? Resource endowments generate both good institutions and economic growth. Highly contagious diseases would affect the extent of colonial activity and economic growth. https://ivle.nus.edu.sg/assessment/result_details.aspx?assessmentid=15e7bcd4bef14694af99f3ef0e93bc62&sessionid=b89cbaad547e4f5c9ec86686… 1/5 Countries that have high scores on one of these institutions usually have high scores on others. OF COURSE. Your Marks : 1 out of 1 5) How do Rodrik and Subramian (2003) adjudicate which of the above institutions is doing the work in their statistical analysis? They carefully code and test each institution separately. Your Answer : The use an instrumental variables analysis. type of disease. type of disease. but richer countries can afford to create and maintain higher quality institutions. What would Sachs include under the umbrella definition of geography? [NOTE: YOU MAY CHOOSE MORE THAN ONE ANSWER BUT. infection rates) landlocked or close to water transportation possibilities Your Marks : 1 out of 1 8) Sachs believes that aid assistance should focus on overcoming geographical burdens and ignore institutions True False https://ivle.e. YOU DON'T HAVE TO!] proximity to markets inherited cultural traditions disease profile (i.e. but richer countries can afford to create and maintain higher quality institutions.edu. type of disease.sg/assessment/result_details.aspx?assessmentid=15e7bcd4bef14694af99f3ef0e93bc62&sessionid=b89cbaad547e4f5c9ec86686… 2/5 . They don't say. Your Marks : 1 out of 1 6) Rodrik and Subramian (2003) advocate a specific constellation of institutions that will achieve the optimum benefits. People migrate from poor to rich countries.nus.25/01/2016 IVLE Assessment Institutions may cause growth. infection rates) landlocked or close to water transportation possibilities proximity to markets Correct Answer : disease profile (i. They can't do it. Your Answer : Institutions may cause growth. but richer countries can afford to create and maintain higher quality institutions. Correct Answer : Institutions may cause growth.e. True False Your Answer : False Correct Answer : False Your Marks : 1 out of 1 7) According to Sachs (2003). infection rates) landlocked or close to water transportation possibilities proximity to markets Your Answer : disease profile (i. focusing on institutions underestimates the role of geography. Correct Answer : The use an instrumental variables analysis. The use an instrumental variables analysis. sg/assessment/result_details. Correct Answer : The international system denies the option of migration on a systematic basis. of the four main Southeast Asian countries. Your Marks : 1 out of 1 10) MacIntyre (2001) argues that a greater number of veto players leads to: higher likelihood of economic crisis greater policy risk for inventors greater policy stability greater policy flexibility Your Answer : greater policy stability Correct Answer : greater policy stability Your Marks : 1 out of 1 11) Which of the main four Southeast Asian country discussed in MacIntyre (2001) was least hard hit by the Southeast Asian crisis in the late 1990s? Thailand Philippines Malaysia Indonesia Your Answer : Philippines Correct Answer : Philippines Your Marks : 1 out of 1 12) MacIntyre (2001) argues that.aspx?assessmentid=15e7bcd4bef14694af99f3ef0e93bc62&sessionid=b89cbaad547e4f5c9ec86686… 3/5 . Why? Language and cultural barriers make international immigration unattractive.edu. True https://ivle.25/01/2016 IVLE Assessment Your Answer : False Correct Answer : False Your Marks : 1 out of 1 9) Sachs (2003) considers the possibility of international migration as a marketbased solution to underdevelopment in a poor landlocked state. Your Answer : The international system denies the option of migration on a systematic basis.nus. the country with the most veto points at the time of the crisis was: Thailand Philippines Malaysia Indonesia Your Answer : Thailand Correct Answer : Thailand Your Marks : 1 out of 1 13) MacIntyre (2001) argues that Thailand's crisis began on July 2nd. People like their homes and land. 1997. when its pegged exchange rate collapsed. and don't want to leave them. but dismisses it. Poor people would be too weak to endure international travel. The international system denies the option of migration on a systematic basis. sg/assessment/result_details. BUT PLEASE CHOOSE ONLY ONE. BUT PLEASE CHOOSE ONLY ONE. True False Your Answer : True Correct Answer : True Your Marks : 1 out of 1 17) OPINION: Which article do you agree with more.] low number of veto points intermediate number of veto points high number of veto points Your Answer : low number of veto points low number of veto points https://ivle. True False Your Answer : False Correct Answer : False Your Marks : 1 out of 1 15) MacIntyre (2001) assigns two veto points for Malaysia to represent the dueling policy positions of Prime Minister Mahathir and his Finance Minister Anwar Ibrahim but reduces this to one when Mahathir had Anwar fired and arrested in the second half of 1998.aspx?assessmentid=15e7bcd4bef14694af99f3ef0e93bc62&sessionid=b89cbaad547e4f5c9ec86686… 4/5 .] Rodrik andSubramian (2003) Sachs (2003) Your Answer : Correct Answer : Your Marks : Sachs (2003) Rodrik andSubramian (2003) Sachs (2003) 0.edu.5 out of 1 18) OPINION: Where would you place Singapore on the smile figure in Figure 4 in MacIntyre (2001)? [THERE IS NO CORRECT ANSWER. True False Your Answer : False Correct Answer : False Your Marks : 1 out of 1 16) MacIntyre (2001) argues that the Indonesian economy suffered from the fact that Suharto could unilaterally order strong and immediate action on any front. Rodrik and Subramian (2003) or Sachs (2003)? [THERE IS NO CORRECT ANSWER.25/01/2016 IVLE Assessment False Your Answer : False Correct Answer : False Your Marks : 1 out of 1 14) MacIntyre (2001) argues that the intermediate number of veto points in the Philippines helps to explain why its economic growth and ability to attract foreign direct investment has been relatively high over the past two decades.nus. aspx?assessmentid=15e7bcd4bef14694af99f3ef0e93bc62&sessionid=b89cbaad547e4f5c9ec86686… 5/5 .333 out of 1 19) OPINION: Which country in Southeast Asia (not including Singapore) would you be most interested to work in or do an internship in? [THERE IS NO CORRECT ANSWER. OF COURSE. HAS NO CORRECT ANSWER PLEASE MARK ALL THAT APPLY] Thailand Philippines Malaysia Indonesia Vietnam Myanmar Cambodia Laos Your Answer : Correct Answer : Your Marks : Thailand Malaysia Thailand Philippines Malaysia Indonesia Vietnam Myanmar Cambodia Laos 0. BUT PLEASE CHOOSE ONLY ONE.25 out of 1 Print Close https://ivle.] Thailand Philippines Malaysia Indonesia Vietnam Myanmar Cambodia Laos Your Answer : Correct Answer : Your Marks : Malaysia Thailand Philippines Malaysia Indonesia Vietnam Myanmar Cambodia Laos 0.nus.sg/assessment/result_details.125 out of 1 20) OPINION: Which countries in Southeast Asia have you personally visitied? [THIS QUESTION.edu.25/01/2016 IVLE Assessment Correct Answer : Your Marks : intermediate number of veto points high number of veto points 0.