POL223

1. IMF, World Bank, GAAT are examples of ________

2. ________ is regarded as the foreign political domination and subordination of oversea territories for effective economic exploitation

3. The end of the ___________ resulted in the first international monetary system

4. In the international capitalist division of labour manufacturing is monopolized by ___________

5. The economic strategy underlying the relationship between colonies and colonizers during this era of classical imperialism is regarded as ________

6. The First Afro-Asian and Latin American People’s Solidarity Conference was held in 1966 in the city of ______

7. In a capitalist society _________ is bigger between actual economic surplus and potential economic surplus

8. _________ is regarded as religion without a god

9. _________ first argued that the national wealth was maintained not through the accumulation of gold and silver but through the capital and goods, they could buy

10. Internationalisation of knowledge; open policies with respect to international trade are said to be examples of mechanisms of ____________

11. Which of these is not among the motivations of multinational corporations?

12. Man's inclination to injustice makes democracy __________

13. Ander Gunder Frank maintained that economic development in the periphery can only occur independent of __________

14. What is regarded as periphery in the dependency theory is also known as _________

15. Ander Gunder Frank maintained that the developed capitalist countries were never underdeveloped rather they were at a point __________

16. Prior to 1960 which currency was upgraded as gold for reserve currency?

17. ___________ argued that one of the contradictions of capitalism is that while the surplus is produced by many it is appropriated by few

18. Marx believed that the class conflict between the capitalist and proletariat would lead to ________

19. _____________ outlined five stages which societies pass through on their way to development

20. Business conglomerates that have their operations across national boundaries are called _______________

21. Ander Gunder Frank held there is no _________ rather what exists as such are simply sector of global capitalist economy

22. The conclusion that each historical epochs contains clashing forces or dialectics from which new epochs emerged was arrived at by _______

23. According to Karl Marx, all commodity value is determined by ________

24. Another name for the International Bank for Reconstruction and Development is ___________

25. Which of the following is not among the indicators of development

26. Nkrumah defined _______ as the last stage of imperialism

27. The first international monetary system was based on ________ and _________

28. Critics maintain that emergent international monetary system exist to respond to the needs and policies of world ________

29. The 17th century globalization was in form of ________

30. The drive to accumulate _________ is responsible for exploitation of the satellite by the metropole

31. ________ was the first European colonial power in Africa

32. The establishment of IMF was based on the suggestion of _________

33. The owners of the means of production, that is, the propertied class in a capitalist society are called ___________

34. The development which meets the needs of the present without compromising the ability of future generations to meet their own needs is known as _________

35. ________ exercise political power in neo-colonial states

36. Contemporary globalization is said to be _________ based

37. Nkrumah conceived _________ as the embodiment of Clientele sovereignty or fake independence

38. The second trend in the understanding of developement focused on ________

39. The British colonization of Nigeria began with the conquest of ________

40. The bloody, one-sided war to enthrone and sustain imperialism was described by Otto Von Bismarck as _______

41. Taubman Goldie's strategy for eliminating Africans from the lucrative trade in the Niger Delta was through ___________

42. __________ constitutes the decisive factor of the production process

43. Intellectual precursors of classical political economy includes all but one, namely?

44. __________ held that the national metropole also exploit the national satellite

45. Colonialism was considered as the logical consequence of the end of __________

46. Lenin described imperialism as _________ stage of capitalism

47. Globalization of capital is said to date back to the _________ era

48. ________ is regarded as the long-term direction of all social change

49. ________ exploits the metropolitan centre of the underdeveloped country

50. King Leopold of Belgium is said to have reduced the population of Congo to 10 million from ________ million within a decade