Recently There Have Been Violent Protests Against the World Bank

question 166

Multiple Choice

Recently there have been violent protests against the World Bank and the World Trade Organization. The protesters argue that these institutions promote free trade and also encourage corporations in rich countries to invest in poor countries. The protesters contend that these practices make rich countries richer and poor countries poorer. How would economists feel about these protesters' views?

• A) They would disagree with the protesters because these practices will help make both rich and poor countries richer.
• B) They would disagree with the protesters about free trade, but would agree with the protesters about corporate investment.
• C) They would disagree with the protesters about corporate investment, but would agree with the protesters about free trade.
• D) They would disagree with the protesters about free trade and corporations, but would agree that these institutions are not necessary.

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Definitions:

Academic Perseverance

The sustained effort and persistence in pursuing and achieving educational goals despite challenges and obstacles.

Efficacy

The ability to produce a desired or intended result, often used in contexts relating to psychology, medicine, and organizational performance.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Common Core

A set of educational standards in mathematics and English language arts/literacy (ELA) that outline what students should know and be able to do at each grade level.