{"id":195,"date":"2025-05-06T13:43:14","date_gmt":"2025-05-06T13:43:14","guid":{"rendered":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/?page_id=195"},"modified":"2025-09-05T14:34:29","modified_gmt":"2025-09-05T14:34:29","slug":"chapter-8","status":"publish","type":"page","link":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/chapter-8\/","title":{"rendered":"Chapter 8"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-bf50492b32e9cb6f36077224bb8eb6ea\" style=\"color:#0f476a\">Global Trade Relations&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-cba01e8d081f11ab5ffaa8c91e3020ef\" style=\"color:#0f476a\">Quizzes&nbsp;<\/h3>\n\n\n\n<p>Test your knowledge with the Chapter 8 quiz!&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-group has-border-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-color:#cccccc;border-width:1px;background-color:#f7f7f7;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--30)\"><script>\n                            if (window.qmn_quiz_data === undefined) {\n                                    window.qmn_quiz_data = new Object();\n                            }\n                    <\/script><script>window.qmn_quiz_data[\"13\"] = {\"quiz_id\":\"13\",\"quiz_name\":\"Chapter 8 MCQ Single Answers\",\"disable_answer\":0,\"ajax_show_correct\":0,\"progress_bar\":\"1\",\"contact_info_location\":0,\"qpages\":{\"1\":{\"id\":\"1\",\"quizID\":\"13\",\"pagekey\":\"jbfGYKgF\",\"hide_prevbtn\":\"0\"}},\"skip_validation_time_expire\":0,\"timer_limit_val\":0,\"disable_scroll_next_previous_click\":0,\"disable_scroll_on_result\":0,\"disable_first_page\":0,\"enable_result_after_timer_end\":0,\"enable_quick_result_mc\":0,\"end_quiz_if_wrong\":0,\"form_disable_autofill\":0,\"disable_mathjax\":0,\"enable_quick_correct_answer_info\":\"0\",\"quick_result_correct_answer_text\":\"Correct! 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Heckscher-Ohlin theory suggests that comparative advantage can be created.\",\"answer_array\":\"a:2:{i:0;a:3:{i:0;s:4:\\\"TRUE\\\";i:1;d:0;i:2;i:0;}i:1;a:3:{i:0;s:5:\\\"FALSE\\\";i:1;d:0;i:2;i:1;}}\",\"answer_one\":\"\",\"answer_one_points\":\"0\",\"answer_two\":\"\",\"answer_two_points\":\"0\",\"answer_three\":\"\",\"answer_three_points\":\"0\",\"answer_four\":\"\",\"answer_four_points\":\"0\",\"answer_five\":\"\",\"answer_five_points\":\"0\",\"answer_six\":\"\",\"answer_six_points\":\"0\",\"correct_answer\":\"0\",\"question_answer_info\":\"False, comparative advantage depends on factor abundance\",\"comments\":\"1\",\"hints\":\"\",\"question_order\":\"1\",\"question_type\":\"0\",\"question_type_new\":\"0\",\"question_settings\":\"a:21:{s:8:\\\"required\\\";i:0;s:12:\\\"answerEditor\\\";s:4:\\\"text\\\";s:14:\\\"question_title\\\";s:10:\\\"Question 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trade theorists believe in laissez-fair approaches to economic management.\",\"answer_array\":\"a:2:{i:0;a:3:{i:0;s:4:\\\"TRUE\\\";i:1;d:0;i:2;i:0;}i:1;a:3:{i:0;s:5:\\\"FALSE\\\";i:1;d:0;i:2;i:1;}}\",\"answer_one\":\"\",\"answer_one_points\":\"0\",\"answer_two\":\"\",\"answer_two_points\":\"0\",\"answer_three\":\"\",\"answer_three_points\":\"0\",\"answer_four\":\"\",\"answer_four_points\":\"0\",\"answer_five\":\"\",\"answer_five_points\":\"0\",\"answer_six\":\"\",\"answer_six_points\":\"0\",\"correct_answer\":\"0\",\"question_answer_info\":\"False, they believe in government guidance\",\"comments\":\"1\",\"hints\":\"\",\"question_order\":\"1\",\"question_type\":\"0\",\"question_type_new\":\"0\",\"question_settings\":\"a:21:{s:8:\\\"required\\\";i:0;s:12:\\\"answerEditor\\\";s:4:\\\"text\\\";s:14:\\\"question_title\\\";s:10:\\\"Question 9\\\";s:14:\\\"featureImageID\\\";s:0:\\\"\\\";s:15:\\\"featureImageSrc\\\";s:0:\\\"\\\";s:11:\\\"matchAnswer\\\";s:6:\\\"random\\\";s:11:\\\"isPublished\\\";s:1:\\\"1\\\";s:16:\\\"inline-drop-down\\\";i:1;s:14:\\\"drop-down-type\\\";s:6:\\\"single\\\";s:13:\\\"advance-polar\\\";s:0:\\\"\\\";s:12:\\\"answer_limit\\\";s:0:\\\"\\\";s:16:\\\"placeholder_text\\\";s:0:\\\"\\\";s:14:\\\"case_sensitive\\\";s:0:\\\"\\\";s:16:\\\"image_size-width\\\";s:0:\\\"\\\";s:17:\\\"image_size-height\\\";s:0:\\\"\\\";s:8:\\\"autofill\\\";s:0:\\\"\\\";s:10:\\\"limit_text\\\";s:1:\\\"0\\\";s:23:\\\"limit_multiple_response\\\";s:1:\\\"0\\\";s:17:\\\"file_upload_limit\\\";s:1:\\\"4\\\";s:16:\\\"file_upload_type\\\";s:21:\\\"image,application\\\/pdf\\\";s:15:\\\"min_text_length\\\";s:0:\\\"\\\";}\",\"category\":\"\",\"linked_question\":\"\",\"deleted\":\"0\",\"deleted_question_bank\":\"0\",\"answers\":[[\"TRUE\",0,0],[\"FALSE\",0,1]]},\"241\":{\"question_id\":\"241\",\"quiz_id\":\"13\",\"question_name\":\"Under the GATT, members are allowed to raise tariffs on a temporary basis under certain circumstances.\",\"answer_array\":\"a:2:{i:0;a:3:{i:0;s:4:\\\"TRUE\\\";i:1;d:0;i:2;i:1;}i:1;a:3:{i:0;s:5:\\\"FALSE\\\";i:1;d:0;i:2;i:0;}}\",\"answer_one\":\"\",\"answer_one_points\":\"0\",\"answer_two\":\"\",\"answer_two_points\":\"0\",\"answer_three\":\"\",\"answer_three_points\":\"0\",\"answer_four\":\"\",\"answer_four_points\":\"0\",\"answer_five\":\"\",\"answer_five_points\":\"0\",\"answer_six\":\"\",\"answer_six_points\":\"0\",\"correct_answer\":\"0\",\"question_answer_info\":\"True, see safeguards discussion\",\"comments\":\"1\",\"hints\":\"\",\"question_order\":\"1\",\"question_type\":\"0\",\"question_type_new\":\"0\",\"question_settings\":\"a:21:{s:8:\\\"required\\\";i:0;s:12:\\\"answerEditor\\\";s:4:\\\"text\\\";s:14:\\\"question_title\\\";s:11:\\\"Question 10\\\";s:14:\\\"featureImageID\\\";s:0:\\\"\\\";s:15:\\\"featureImageSrc\\\";s:0:\\\"\\\";s:11:\\\"matchAnswer\\\";s:6:\\\"random\\\";s:11:\\\"isPublished\\\";s:1:\\\"1\\\";s:16:\\\"inline-drop-down\\\";i:1;s:14:\\\"drop-down-type\\\";s:6:\\\"single\\\";s:13:\\\"advance-polar\\\";s:0:\\\"\\\";s:12:\\\"answer_limit\\\";s:0:\\\"\\\";s:16:\\\"placeholder_text\\\";s:0:\\\"\\\";s:14:\\\"case_sensitive\\\";s:0:\\\"\\\";s:16:\\\"image_size-width\\\";s:0:\\\"\\\";s:17:\\\"image_size-height\\\";s:0:\\\"\\\";s:8:\\\"autofill\\\";s:0:\\\"\\\";s:10:\\\"limit_text\\\";s:1:\\\"0\\\";s:23:\\\"limit_multiple_response\\\";s:1:\\\"0\\\";s:17:\\\"file_upload_limit\\\";s:1:\\\"4\\\";s:16:\\\"file_upload_type\\\";s:21:\\\"image,application\\\/pdf\\\";s:15:\\\"min_text_length\\\";s:0:\\\"\\\";}\",\"category\":\"\",\"linked_question\":\"\",\"deleted\":\"0\",\"deleted_question_bank\":\"0\",\"answers\":[[\"TRUE\",0,1],[\"FALSE\",0,0]]}},\"first_page\":false,\"questions_settings\":[]}\n                    <\/script>\t\t<div class='qsm-quiz-container qsm-quiz-container-13 qmn_quiz_container mlw_qmn_quiz qsm_auto_pagination_enabled quiz_theme_default  '>\n\t\t\t\t\t\t\t\t<form name=\"quizForm13\" id=\"quizForm13\" action=\"\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages\/195\/\" method=\"POST\" class=\"qsm-quiz-form qmn_quiz_form mlw_quiz_form\" novalidate enctype=\"multipart\/form-data\">\n\t\t\t\t<input type=\"hidden\" name=\"qsm_hidden_questions\" id=\"qsm_hidden_questions\" value=\"\">\n\t\t\t\t<input type=\"hidden\" name=\"qsm_nonce\" id=\"qsm_nonce_13\" value=\"6936e54827\">\n\t\t\t\t<input type=\"hidden\" name=\"qsm_unique_key\" id=\"qsm_unique_key_13\" value=\"69cf97678f276\">\n\t\t\t\t<div id=\"mlw_error_message\" class=\"qsm-error-message qmn_error_message_section\"><\/div>\n\t\t\t\t<span id=\"mlw_top_of_quiz\"><\/span>\n\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-1\" data-apid=\"1\" data-qpid=\"1\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-41 slide0 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 1 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>Which of the following are key propositions under the Stolper-Samuelson theory in regard to factors and trade?<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question41-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question41\" id=\"question41_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question41_1\">\n\t\t\t\t\tThere is no effect on prices\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question41-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question41\" id=\"question41_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question41_2\">\n\t\t\t\t\tabundant factors will see prices rise\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question41-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question41\" id=\"question41_3\" value=\"2\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question41_3\">\n\t\t\t\t\tabundant factors will see prices fall\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question41-4 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question41\" id=\"question41_4\" value=\"3\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question41_4\">\n\t\t\t\t\tabundant factors will diminish\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question41_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question41\" id=\"question41_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_41\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-2\" data-apid=\"2\" data-qpid=\"2\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-42 slide1 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 2 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>Dumping occurs when a country:<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question42-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question42\" id=\"question42_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question42_1\">\n\t\t\t\t\tsells products in another market at prices below its own domestic market\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question42-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question42\" id=\"question42_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question42_2\">\n\t\t\t\t\tsells products in another market at prices above its own domestic market\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question42-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question42\" id=\"question42_3\" value=\"2\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question42_3\">\n\t\t\t\t\tsells products in another market in a discriminatory fashion\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question42-4 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question42\" id=\"question42_4\" value=\"3\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question42_4\">\n\t\t\t\t\tsells products in another market at a subsidized price\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question42_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question42\" id=\"question42_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_42\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-3\" data-apid=\"3\" data-qpid=\"3\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-43 slide2 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 3 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>Which of the following are concerns that the West has with Chinese approaches to trade? <\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question43-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question43\" id=\"question43_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question43_1\">\n\t\t\t\t\tsubsidization of exports\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question43-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question43\" id=\"question43_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question43_2\">\n\t\t\t\t\ttargeted financial subsidies\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question43-3 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question43\" id=\"question43_3\" value=\"2\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question43_3\">\n\t\t\t\t\tprotection of domestic industries\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question43-4 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question43\" id=\"question43_4\" value=\"3\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question43_4\">\n\t\t\t\t\tall of the above\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question43_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question43\" id=\"question43_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_43\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-4\" data-apid=\"4\" data-qpid=\"4\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-14  question-section-id-235 slide3 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 5 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm-align-fill-in-blanks qsm_remove_bold' >\n\t\t<p>A <input type='text' class='qmn_fill_blank mlwRequiredText' name='question235[]' \/> is a tax on imports.<\/p>\n\t<\/div>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-5\" data-apid=\"5\" data-qpid=\"5\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-14  question-section-id-236 slide4 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 6 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm-align-fill-in-blanks qsm_remove_bold' >\n\t\t<p>The Most Favoured Nation principle applies the norm of <input type='text' class='qmn_fill_blank mlwRequiredText' name='question236[]' \/> in regard to trade relations.<\/p>\n\t<\/div>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-6\" data-apid=\"6\" data-qpid=\"6\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-14  question-section-id-237 slide5 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 4 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm-align-fill-in-blanks qsm_remove_bold' >\n\t\t<p><input type='text' class='qmn_fill_blank mlwRequiredText' name='question237[]' \/> cost, according to Ricardo\u2019s theory of comparative advantage, is the choice between making one product or another.<\/p>\n\t<\/div>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-7\" data-apid=\"7\" data-qpid=\"7\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-14  question-section-id-238 slide6 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 7 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm-align-fill-in-blanks qsm_remove_bold' >\n\t\t<p>The S in GATS stands for <input type='text' class='qmn_fill_blank mlwRequiredText' name='question238[]' \/>.<\/p>\n\t<\/div>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-8\" data-apid=\"8\" data-qpid=\"8\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-239 slide7 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 8 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>The Heckscher-Ohlin theory suggests that comparative advantage can be created.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question239-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question239\" id=\"question239_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question239_1\">\n\t\t\t\t\tTRUE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question239-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question239\" id=\"question239_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question239_2\">\n\t\t\t\t\tFALSE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question239_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question239\" id=\"question239_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_239\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-9\" data-apid=\"9\" data-qpid=\"9\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-240 slide8 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 9 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>Strategic trade theorists believe in laissez-fair approaches to economic management.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question240-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question240\" id=\"question240_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question240_1\">\n\t\t\t\t\tTRUE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question240-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question240\" id=\"question240_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question240_2\">\n\t\t\t\t\tFALSE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question240_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question240\" id=\"question240_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_240\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t\t\t\t<div class=\"qsm-auto-page-row qsm-question-page qsm-apc-10\" data-apid=\"10\" data-qpid=\"10\" style=\"display: none;\">\n\t\t\t\t\t\t\t\t<div class=\"quiz_section qsm-question-wrapper question-type-0  question-section-id-241 slide9 \">\n\t\t\t\t\t\t<div class='mlw_qmn_new_question'>Question 10 <\/div>\n\t\t\t<div class='mlw_qmn_question  qsm_remove_bold' >\n\t\t<p>Under the GATT, members are allowed to raise tariffs on a temporary basis under certain circumstances.<\/p>\n\t<\/div>\n\t\t<fieldset>\n\t\t<legend><\/legend>\n\t<div class='qmn_radio_answers mlwRequiredRadio'>\n\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question241-1 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question241\" id=\"question241_1\" value=\"0\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question241_1\">\n\t\t\t\t\tTRUE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"qmn_mc_answer_wrap  mrq_checkbox_class\" id=\"question241-2 \">\n\t\t\t\t\t\t\t\t\t\t\t<input type='radio' class='qmn_quiz_radio qmn-multiple-choice-input ' name=\"question241\" id=\"question241_2\" value=\"1\" \/>\n\t\t\t\t\t<label class=\"qsm-input-label\" for=\"question241_2\">\n\t\t\t\t\tFALSE\t\t\t\t\t<\/label>\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t\t \t\t\t<label style=\"display: none !important;\" for=\"question241_none\">None<\/label>\n\t\t\t<input type=\"radio\" style=\"display: none;\" name=\"question241\" id=\"question241_none\" checked=\"checked\" value=\"\" \/>\n\t\t\t\t<\/div>\n\t<\/fieldset>\n\t<input type=\"hidden\" name=\"answer_limit_keys_241\" value=\"\" \/>\n\t\t\t\t<\/div><!-- .quiz_section -->\n\t\t\t\t\t\t\t\t<\/div><!-- .qsm-auto-page-row -->\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"qmn_question_list\" value=\"41Q42Q43Q235Q236Q237Q238Q239Q240Q241Q\" \/>\n\t\t\t\t\t<div class=\"qsm-auto-page-row quiz_section quiz_end empty_quiz_end qsm-d-none\" >\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div id=\"mlw_error_message_bottom\" class=\"qsm-error-message qmn_error_message_section\"><\/div>\n\t\t\t\t\t<input type=\"hidden\" name=\"qmn_all_questions_count\" id=\"qmn_all_questions_count\" value=\"10\" \/>\n\t\t\t\t\t<input type=\"hidden\" name=\"total_questions\" id=\"total_questions\" value=\"10\" \/>\n\t\t\t\t\t<input type=\"hidden\" name=\"timer\" id=\"timer\" value=\"0\" \/>\n\t\t\t\t\t<input type=\"hidden\" name=\"timer_ms\" id=\"timer_ms\" value=\"0\"\/>\n\t\t\t\t\t<input type=\"hidden\" class=\"qmn_quiz_id\" name=\"qmn_quiz_id\" id=\"qmn_quiz_id\" value=\"13\" \/>\n\t\t\t\t\t<input type='hidden' name='complete_quiz' value='confirmation' \/>\n\t\t\t\t\t\t\t\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t<div style=\"display: none;\" class=\"qsm-popup qsm-popup-slide\" id=\"modal-4\" aria-hidden=\"false\"><div class=\"qsm-popup__overlay\" tabindex=\"-1\" data-micromodal-close=\"\"><div class=\"qsm-popup__container qmn_quiz_container\" role=\"dialog\" aria-modal=\"true\"><div class=\"qsm-popup__content\"><img decoding=\"async\" src=\"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-content\/plugins\/quiz-master-next\/assets\/clock.png\" alt=\"clock.png\"\/><p class=\"qsm-time-up-text\"> Time&#8217;s up<\/p><\/div><footer class=\"qsm-popup__footer\"><button class=\"qsm-popup-secondary-button qmn_btn\" data-micromodal-close=\"\" aria-label=\"Close this dialog window\" onclick=\"location.reload();\">Cancel<\/button><\/footer><\/div><\/div><\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-d1c9730d758fa5921098616072b94bdb\" style=\"color:#0f476a\">Watch, Listen, Read, and Explore&nbsp;<\/h3>\n\n\n\n<p>This content includes videos, podcasts, articles, readings, and other resources to help you understand and explore the content covered in the chapter. Most readings are freely available, although anything marked with an asterisk may require institutional log-in (e.g., through your university). Freely available data sources are also included to explore and further research.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-1b4110a70dedd7f9138041547b7bd8bc\" style=\"color:#0f476a\">Videos&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>See <a href=\"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/lecture-videos\/\" title=\"Lecture Videos\">Lecture Videos<\/a><\/li>\n\n\n\n<li>Guy Pascale, absolute vs. comparative advantage: <a href=\"https:\/\/www.youtube.com\/watch?v=wLtQZXrLj8I\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/watch?v=wLtQZXrLj8I<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Hecksscher-Ohlin Theory &amp; Leonteif Paradox explained, video by International Business Studies: <a href=\"https:\/\/www.youtube.com\/watch?v=bpKACOG_t_Q\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/watch?v=bpKACOG_t_Q<\/a>&nbsp;<\/li>\n\n\n\n<li>CBC, The Fifth Estate, Made in Bangladesh: 10 years after the deadly Rana Plaza collapse: <a href=\"https:\/\/www.youtube.com\/watch?v=fZS8fb4AkPs\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.youtube.com\/watch?v=fZS8fb4AkPs<\/a>&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-e71567cb862808fe31dcc6148c06ced6\" style=\"color:#0f476a\">Podcasts&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Global Trade Review podcasts: <a href=\"https:\/\/www.gtreview.com\/podcasts\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.gtreview.com\/podcasts\/<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>WTO podcasts: <a href=\"https:\/\/www.wto.org\/english\/res_e\/webcas_e\/podcasting_e.htm\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.wto.org\/english\/res_e\/webcas_e\/podcasting_e.htm<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Clingendael global trade series, podcasts: <a href=\"https:\/\/www.clingendael.org\/publication\/podcasts-global-trade-series-2022\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.clingendael.org\/publication\/podcasts-global-trade-series-2022<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Peterson Institute for Intl. Economics, trade podcasts: <a href=\"https:\/\/www.piie.com\/experts\/podcasts\/trade-talks\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.piie.com\/experts\/podcasts\/trade-talks<\/a>&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-0c542f176e20013b73cd56b2a9bdc6ea\" style=\"color:#0f476a\">Readings&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>BBC, A timeline of global trade, <a href=\"https:\/\/www.bbc.com\/future\/bespoke\/made-on-earth\/a-timeline-of-global-trade\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.bbc.com\/future\/bespoke\/made-on-earth\/a-timeline-of-global-trade\/<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Trade and Globalization (Ortiz-Ospina, Beltekian, and Roser): <a href=\"https:\/\/ourworldindata.org\/trade-and-globalization\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ourworldindata.org\/trade-and-globalization<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>WTO, history of the multilateral trading system: <a href=\"https:\/\/www.wto.org\/english\/thewto_e\/history_e\/history_e.htm\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.wto.org\/english\/thewto_e\/history_e\/history_e.htm<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Comparative advantage (Lauren Landsburg, Econlib): <a href=\"https:\/\/www.econlib.org\/library\/Topics\/Details\/comparativeadvantage.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.econlib.org\/library\/Topics\/Details\/comparativeadvantage.html<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Stolper-Samuelson theory, brief explanation (Encyclopedia.com): <a href=\"https:\/\/www.encyclopedia.com\/history\/news-wires-white-papers-and-books\/stolper-samuelson-theorem\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.encyclopedia.com\/history\/news-wires-white-papers-and-books\/stolper-samuelson-theorem<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Council on Foreign Relations, What\u2019s next for the WTO? <a href=\"https:\/\/www.cfr.org\/backgrounder\/whats-next-wto\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.cfr.org\/backgrounder\/whats-next-wto<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>\u201cThe Not-So-Hidden Ethical Cost of Fast Fashion: Sneaky Sweatshops In Our Own Backyard (Syama Bunten, <em>Forbes<\/em>, 2020): <a href=\"https:\/\/www.forbes.com\/sites\/syamameagher\/2020\/02\/05\/the-not-so-hidden-ethical-cost-of-fast-fashion-sneaky-sweatshops-in-our-own-backyard\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forbes.com\/sites\/syamameagher\/2020\/02\/05\/the-not-so-hidden-ethical-cost-of-fast-fashion-sneaky-sweatshops-in-our-own-backyard\/<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Carnegie Endowment for International Peace, US-China Trade War, (Yukon Huang, 2021): <a href=\"https:\/\/carnegieendowment.org\/posts\/2021\/09\/the-us-china-trade-war-has-become-a-cold-war?lang=en\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/carnegieendowment.org\/posts\/2021\/09\/the-us-china-trade-war-has-become-a-cold-war?lang=en<\/a>&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color has-lora-font-family has-medium-font-size wp-elements-21c53de307eb79d47e0f413dc5bd45c9\" style=\"color:#0f476a\">Selected Sources of Free Data&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>WTO Statistics, <a href=\"https:\/\/stats.wto.org\/en\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/stats.wto.org\/en<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>WTO disputes by industry: <a href=\"https:\/\/www.wto.org\/english\/tratop_e\/dispu_e\/dispu_subjects_index_e.htm\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.wto.org\/english\/tratop_e\/dispu_e\/dispu_subjects_index_e.htm<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>ILO statistics, <a href=\"https:\/\/ilostat.ilo.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ilostat.ilo.org\/<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>UNCTAD statistics, <a href=\"https:\/\/unctadstat.unctad.org\/datacentre\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/unctadstat.unctad.org\/datacentre\/<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>OAS, Foreign Trade Information System, <a href=\"http:\/\/www.sice.oas.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/www.sice.oas.org\/<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>Globe of Economic Complexity, Harvard U., interactive trade and GVC website, <a href=\"http:\/\/globe.cid.harvard.edu\/\" target=\"_blank\" rel=\"noreferrer noopener\">http:\/\/globe.cid.harvard.edu\/<\/a>&nbsp;&nbsp;<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Trade Relations&nbsp; Quizzes&nbsp; Test your knowledge with the Chapter 8 quiz!&nbsp; Watch, Listen, Read, and Explore&nbsp; This content includes videos, podcasts, articles, readings, and other resources to help you understand and explore the content covered in the chapter. Most readings are freely available, although anything marked with an asterisk may require institutional log-in (e.g.,&hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-195","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages\/195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/comments?post=195"}],"version-history":[{"count":7,"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages\/195\/revisions"}],"predecessor-version":[{"id":481,"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/pages\/195\/revisions\/481"}],"wp:attachment":[{"href":"https:\/\/routledgelearning.com\/globalpoliticaleconomy\/wp-json\/wp\/v2\/media?parent=195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}