Theory
In the catch-up development process, a V shape pattern describing A hierarchy of industrialization is called:
1.laissez-faire
2.economic protectionism
3.comparative advantage
4.flying geese model
4.flying geese model
Which of the following is NOT one of the "four tigers" in East Asian Economy?
1.Taiwan
2.South Korea
3.Singapore
4.Japan
4.Japan
Who is The Wealth of Nations that advocates free market and less government intervention
1.Paul Krugman
2.John Nash
3.Friedrich List
4.Adam Smit
4.Adam Smit
Dependency theorists believe that developing countries:
1.will catch up when advanced economy transfer the technology
2.will never catch up because of dependent development
3.will develop its economy when being integrated into the global market
4.will develop their own technology depending on the natural resources
2.will never catch up because of dependent development
hich party has dominated Japanese politics for decades after World War II?
1.Liberal Democratic Party
2.Japan Socialist Party
3.Japan Communist Party
4.Democratic Socialist Party
1.Liberal Democratic Party
Who argues that economic development of East Asia is not a miracle but just a resource mobilization as Soviet Union in 1950?
1.Paul Krugman
2.John Nash
3.Akamatsu Kaname
4.David Ricardo
1.Paul Krugman
A country's ability to produce certain goods at a lower opportunity cost than its trading partners is called
1.flying geese
2.advantage of backwardness
3.economic liberalism
4.comparative advantage
4.comparative advantage
Who argues that late developers enjoy the advantage of backwardness?
1.Paul Krugman
2.Alexander Gerschenkron
3.Akamatsu Kaname
4.David Ricardo
2.Alexander Gerschenkron
Which of the following is NOT a feature of development state:
1. state autonomy
2. a pilot agency
3. competent bureaucrats
4. free and fair elections
4. free and fair elections
During the 1997 financial crisis, why did South Korea experience a severe economic slowdown while Taiwan was less affected?
1.High corporate debt and financial instability in South Korea
2.South Korea's financial system was less internationalized
3.Taiwan received IMF financial aid more promptly
4.Taiwan had a more democratic political system
High corporate debt and financial instability in South Korea
Under which Taiwanese president was the decision made to pursue the semiconductor industry and establish TSMC?
1. Lee Teng-hui
2. Chiang Ching-kuo
3. Chen Shui-bian
4. Ma Ying-jeou
2. Chiang Ching-kuo
As developmental state, what was the major difference between South Korea and Taiwan regarding their path of catch-up industrialization?
1. governmnet intervention vs. free market
2. large businesses vs. small and medium enterprises
3. strong bureacrats vs. weak bureacrats
4. democracy vs. authoritarian rule
2. large businesses vs. small and medium enterprises
Which of the following was the main trigger of the 1997 Asian financial crisis?
1. The collapse of the Thai baht and speculative attacks
2. The U.S. stock market crash
3. The rise of China's economy
4. A global oil price shock
1. The collapse of the Thai baht and speculative attacks
Which of the following individuals would NOT be part of Japan’s Iron Triangle?
1. A high-ranking bureaucrat
2. A corporate executive
3. A military general
4. A politician
3. A military general