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Evaluacion Final - Escenario 8 - PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL - CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA
Evaluacion Final - Escenario 8 - PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL - CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA
Fecha de entrega
10 de mayo en 23:55
Puntos
100
Preguntas
20
Disponible
7 de mayo en 0:00 - 10 de mayo en 23:55
4 días
Límite de tiempo
90 minutos
Intentos permitidos
2
Instrucciones
https://poli.instructure.com/courses/43523/quizzes/92493 1/12
8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
Historial de intentos
Pregunta 1 5
/ 5 pts
Colombia opted for a protectionist model in a context of free trade.
Colombia specialized in products with low demand.
¡Correcto!
Colombia was highly dependent on international prices and did not have a
stable production structure.
Colombia was a primary periphery and did not have the capital to expand
its production.
Pregunta 2 5
/ 5 pts
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8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
Monarchical, controlled by an elite.
A political regime based on dictatorship.
¡Correcto!
Clientelist, a political system in which the lobbyist power is crucial to hold
power.
A parliamentary power with low participation of the executive power.
Pregunta 3 5
/ 5 pts
High dependency of other commercial partners led to a low level of
technological content.
¡Correcto!
Latin American countries are mostly specialized in resource-based and
primary products exports.
In North America, the share of medium and high-tech exports is low of
compared with Latin America.
The specialization in low tech products is the main feature of Latin
American exports.
https://poli.instructure.com/courses/43523/quizzes/92493 3/12
8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
Pregunta 4 5
/ 5 pts
It was possible to eliminate the subsidies on agricultural products in
developed and developing countries.
Economic integration advances were modest due to the lack of regulatory
institutions on international trade.
¡Correcto!
The reduction of non-tariff barriers led to an improvement of goods
circulation.
The trade of services became highly regulated.
Pregunta 5 5
/ 5 pts
¡Correcto!
Economic integration, institutional stability, the balance of power between
the executive and legislative.
Populism, protectionism and communal property.
Protectionism, property rights enforcement, and parliamentarism.
https://poli.instructure.com/courses/43523/quizzes/92493 4/12
8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
Institutional stability, free trade guarantees, and weak executive power.
Pregunta 6 5
/ 5 pts
There is a systematic increase in non-tariff barriers.
¡Correcto!
The levels of products and factor prices tend to be equal.
There is a reduction in the value of the trade.
Their product prices are at the same level, but the factor prices are
different.
Pregunta 7 5
/ 5 pts
NAFTA
¡Correcto!
CARICOM
Union Of South American Nations
Andean Community
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8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
Pregunta 8 5
/ 5 pts
¡Correcto!
Macroeconomic discipline: Colombia’s economic policy is conservative.
Violence: Colombia is the only Latin American country that has
experimented and internal conflict in recent history.
Specialization patterns: Colombia did not specialize in resource-based
exports as other Latin American countries.
Volatility: Colombian economy is more sensitive to external shocks than
other Latin American countries.
Pregunta 9 5
/ 5 pts
One of the main problems in Latin American countries during the 80s was
the external debt. In the case of Colombia, the effect of this crisis was
different because:
Colombia did not use the external credit offer by the US.
In the early 80s, Colombia raised the public expenditure to create jobs and
escape from the crisis.
https://poli.instructure.com/courses/43523/quizzes/92493 6/12
8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
Colombia did not pay and was submitted to the IMF stand-by programs.
¡Correcto!
Colombia paid part of its external obligations during the 70s, and its level of
indebtedness was lower than in other Latin American countries.
Pregunta 10 5
/ 5 pts
The region persists in protectionism as a development model.
¡Correcto!
The region does not have enough free trade agreements.
The region does not have political integration schemes.
The region did not look for customs union conformation.
Pregunta 11 5
/ 5 pts
The relationship between the US and Latin America has changed several
times. From this relationship it can be said that:
The US priority is the European market, so it has a weak relationship with
Latin America.
https://poli.instructure.com/courses/43523/quizzes/92493 7/12
8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
During the colonial times, the US and Latin America had the same
development path.
The US never supported development programs in Latin America.
¡Correcto!
During the 60s, the US used its capital in Latin American markets.
Pregunta 12 5
/ 5 pts
It affected the US economy with the establishment of maquiladoras.
¡Correcto!
It has tariff barriers that are over the world average.
It had a positive impact on the diversification of trade partners for Canada.
It is a customs union that led to an increase in Mexican exports to North
America.
Pregunta 13 5
/ 5 pts
A lack of representation of the member countries in the organizational
structure.
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8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
A lack of financial institution that promotes an effective integration between
members.
A lack of a customs union that creates trade barriers for international
products.
¡Correcto!
The differences in the barriers for different products affect their circulation.
Pregunta 14 5
/ 5 pts
Mercosur and the Andean Community are successful experiences of
economic integration because of their convergence of prices.
¡Correcto!
In recent years the economic integration processes have improved among
the continent.
The NAFTA has been ineffective in the expansion of trade operation
between its members.
The Caribbean countries have low levels of exports over GDP.
Pregunta 15 5
/ 5 pts
https://poli.instructure.com/courses/43523/quizzes/92493 9/12
8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
The abundance of gold caused inflation and a loss of the value of money.
The smuggling affected the commercial activities and reduced the country’s
income.
¡Correcto!
There were high external debt obligations that affected the long-run
economy performance.
There was a lack of international support to defeat the Spanish military.
Pregunta 16 5
/ 5 pts
¡Correcto!
Canada and Mexico.
Argentina and Bolivia.
Uruguay and the US.
Brazil and Colombia.
Pregunta 17 5
/ 5 pts
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8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
In the last years the most dynamic exports worldwide have the following
characteristics:
Most dynamic exports are concentrated in developing countries.
¡Correcto!
They require a big amount of investment in innovation and development.
Low technology products cannot be dynamic exports.
They are mostly based on primary products.
Pregunta 18 5
/ 5 pts
Economic growth in Colombia during the colonial times was explained by:
¡Correcto!
The extraction of gold and silver mainly in the west of the country.
High wages that led to higher consumption of the labor force.
The high productivity in the hacienda.
The dynamism of international trade through the port of Cartagena.
Pregunta 19 5
/ 5 pts
The economic policy during the 90s was oriented by a decalogue known
as the Washington Consensus. One of the policies included in the
decalogue is:
Regulation of economic activity to avoid investment surplus.
https://poli.instructure.com/courses/43523/quizzes/92493 11/12
8/5/22, 21:13 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO - VIRTUAL/CULTURA Y ECONOMÍA REGIONAL DE AMÉRICA…
An interest rate regulated by a central bank.
¡Correcto!
A conservative fiscal policy aimed to reduce the state power.
A higher share of public investment to improve infrastructure.
Pregunta 20 5
/ 5 pts
In Colombian history the exchange rate has been linked to external sector
policies. Which of the following sentences describes better the exchange
rate policy in the history of Colombia?
¡Correcto!
The crawling peg solved an external imbalance and led to an export
promotion model.
After the 1929 crisis, it was necessary to opt for a flexible exchange rate to
promote free trade.
During the Apertura Económica, it was necessary to use exchange control
to protect domestic products.
Colombia never uses the gold-standard as a fixed exchange rate.
https://poli.instructure.com/courses/43523/quizzes/92493 12/12