For Harvard’s Dani Rodrik Globalization involves ?

A. decreasing autonomy of the nation-state involves
B. the increasing international integration of markets for goods services and capital
C. changes of a traditional culture of a country to a western culture
D. giving aid to poor countries to improve their economy politics and social status

Japan’s programs ?

I- are understaffed politically muddled and administratively complex
II- are biased toward Asia
III- go primarily to less developed countries in Africa
IV- focus on loans and the grant element of aid is low

A. I, II and III
B. I, II and IV
C. II, III and IV
D. I, II, III and IV

Aid or official development assistance (ODA) includes ?

I- developments grants
II- loans with at least 25 percent grant element
III- military assistance
IV- technical cooperation

A. I and II only
B. I, II and III only
C. I, II and IV only
D. I, II, III and IV only

The balance on current account ?

I- equals the absolute value of the balance on capital account
II- is financed by savings
III- is net grants minus remittances
IV- includes goods services and unilateral transfers

A. I and II only
B. II and III only
C. I and IV only
D. None of the above

Barro and Lee find that ceteris paribus, IMF lending has ?

A. negative effect on economic growth during the simultaneous five-year period but has a significantly positive effect on growth in the subsequent five years
B. no effect on economic growth during the simultaneous five-year period but has a significantly negative effect on growth in the subsequent five years
C. a significantly positive effect on growth in the subsequent five years
D. an exponentially negative effect on growth ten years

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