Evaluacion Final Economia America

25/10/21 22:23 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO/CULTURA Y ECONOMIA REGIONAL DE AMERICA-[G…
Evaluacion final - Escenario 8
Fecha de entrega
26 de oct en 23:55
Puntos
100
Preguntas
20
Disponible
23 de oct en 0:00 - 26 de oct en 23:55
4 días
Límite de tiempo
90 minutos
Intentos permitidos
2
Instrucciones
https://poli.instructure.com/courses/39404/quizzes/79241 1/13
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Historial de intentos
Intento Hora Puntaje

MÁS RECIENTE Intento 1
10 minutos 95 de 100
Puntaje para este intento:

95 de 100
Entregado el 25 de oct en 22:22
Este intento tuvo una duración de 10 minutos.
Pregunta 1 0
/ 5 pts
Which countries has a vulnerability in commercial partners, but still has a

diversified economy?

Brazil and Colombia.
Respondido
Uruguay and the US.

Argentina and Bolivia.
espuesta correcta
Canada and Mexico.
Pregunta 2 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:

In the early 80s, Colombia raised the public expenditure to create jobs and
escape from the crisis.
¡Correcto!
Colombia paid part of its external obligations during the 70s, and its level
of indebtedness was lower than in other Latin American countries.

Colombia did not pay and was submitted to the IMF stand-by programs.

Colombia did not use the external credit offer by the US.
Pregunta 3 5
/ 5 pts
Based on the American continent experience, which of the following

sentences describes better the conditions for a good economic and
political performance?
¡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.

Institutional stability, free trade guarantees, and weak executive power.
Pregunta 4 5
/ 5 pts
Which of the following sentences describes better the measures adopted

after the Uruguay Round?

Economic integration advances were modest due to the lack of regulatory
institutions on international trade.

It was possible to eliminate the subsidies on agricultural products in
developed and developing countries.
¡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
The relationship between the US and Latin America has changed several
times. From this relationship it can be said that:

The US never supported development programs in Latin America.

The US priority is the European market, so it has a weak relationship with
Latin America.
¡Correcto!
During the 60s, the US used its capital in Latin American markets.

During the colonial times, the US and Latin America had the same
development path.
Pregunta 6 5
/ 5 pts
Which of the following characteristics describes better the NAFTA?
¡Correcto!
It has tariff barriers that are over the world average.

It is a customs union that led to an increase in Mexican exports to North
America.

It had a positive impact on the diversification of trade partners for Canada.

It affected the US economy with the establishment of maquiladoras.
Pregunta 7 5
/ 5 pts
Which are the characteristics of fully economic integrated countries?

There is a reduction in the value of the trade.
¡Correcto!
The levels of products and factor prices tend to be equal.

Their product prices are at the same level, but the factor prices are
different.

There is a systematic increase in non-tariff barriers.
Pregunta 8 5
/ 5 pts
Which of the following agreements have been ineffective in the reduction

of non-tariff barriers?

Andean Community
¡Correcto!
CARICOM

NAFTA

Union Of South American Nations
Pregunta 9 5
/ 5 pts
In the last years the most dynamic exports worldwide have the following
characteristics:

They are mostly based on primary products.

Most dynamic exports are concentrated in developing countries.

Low technology products cannot be dynamic exports.
¡Correcto!
They require a big amount of investment in innovation and development.
Pregunta 10 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.

The high productivity in the hacienda.

The dynamism of international trade through the port of Cartagena.

High wages that led to higher consumption of the labor force.
Pregunta 11 5
/ 5 pts
In the history of Colombia, military and populist regimes are unusual.

Nonetheless, the politic institutions in Colombia are defective and can be
described as:

Monarchical, controlled by an elite.
¡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.

A political regime based on dictatorship.
Pregunta 12 5
/ 5 pts
Colombia have had a difference with other Latin American countries

during its history. One of these differences is:

Volatility: Colombian economy is more sensitive to external shocks than
other Latin American countries.

Specialization patterns: Colombia did not specialize in resource-based
exports as other Latin American countries.
¡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.
Pregunta 13 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?

Colombia never uses the gold-standard as a fixed exchange rate.

During the Apertura Económica, it was necessary to use exchange control
to protect domestic products.
¡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.
Pregunta 14 5
/ 5 pts
Which of the following sentences describes better the economic

integration problems in Latin America?

The region does not have political integration schemes.

The region did not look for customs union conformation.

The region persists in protectionism as a development model.
¡Correcto!
The region does not have enough free trade agreements.
Pregunta 15 5
/ 5 pts
Colombia had a difficult process of Independence that can be explained

as:
¡Correcto!
There were high external debt obligations that affected the long-run
economy performance.

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.

There was a lack of international support to defeat the Spanish military.
Pregunta 16 5
/ 5 pts
From the behavior of economic integration in the American Continent it

can be inferred that:
¡Correcto!
In recent years the economic integration processes have improved among
the continent.

Mercosur and the Andean Community are successful experiences of
economic integration because of their convergence of prices.

The Caribbean countries have low levels of exports over GDP.

The NAFTA has been ineffective in the expansion of trade operation
between its members.
Pregunta 17 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:

A higher share of public investment to improve infrastructure.

An interest rate regulated by a central bank.
¡Correcto!
A conservative fiscal policy aimed to reduce the state power.

Regulation of economic activity to avoid investment surplus.
Pregunta 18 5
/ 5 pts
One of the functioning problems of the Andean Community can be

described as:

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.

A lack of representation of the member countries in the organizational
structure.
Pregunta 19 5
/ 5 pts
From the technological structure of the American continent exports it can

be inferred:

High dependency of other commercial partners led to a low level of
technological content.

The specialization in low tech products is the main feature of Latin
American exports.
¡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.
Pregunta 20 5
/ 5 pts
From a comparative perspective, during the agro-export model Colombia

had a poor exports performance compared with other Latin American
countries. One explanation for this phenomenon is:

Colombia opted for a protectionist model in a context of free trade.

Colombia was a primary periphery and did not have the capital to expand
its production.

Colombia specialized in products with low demand.
¡Correcto!
Colombia was highly dependent on international prices and did not have a
stable production structure.
Puntaje del examen:

95 de 100

Evaluacion Final Economia America

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25/10/21 22:23 Evaluacion final - Escenario 8: PRIMER BLOQUE-TEORICO - PRACTICO/CULTURA Y ECONOMIA REGIONAL DE AMERICA-[G…

Evaluacion final - Escenario 8

Volver a realizar el examen

Intento Hora Puntaje

Puntaje para este intento:

Which countries has a vulnerability in commercial partners, but still has a

Based on the American continent experience, which of the following

Which of the following sentences describes better the measures adopted

Which of the following characteristics describes better the NAFTA?

Which are the characteristics of fully economic integrated countries?

Which of the following agreements have been ineffective in the reduction

In the history of Colombia, military and populist regimes are unusual.

Colombia have had a difference with other Latin American countries

Which of the following sentences describes better the economic

Colombia had a difficult process of Independence that can be explained

From the behavior of economic integration in the American Continent it

One of the functioning problems of the Andean Community can be

From the technological structure of the American continent exports it can

From a comparative perspective, during the agro-export model Colombia

Puntaje del examen:

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