Clawbacks are requirements that firms repay a government for any subsidies they receive if the firms ...

Clawbacks are requirements that firms repay a government for any subsidies they receive if the firms fail to deliver on their promises.
 
  a. True
  b. False
  Indicate whether the statement is true or false

 Q. 2

Which statement about South Africa's standing in the global economy is NOT correct?
 
  a. The country has traditionally dominated the regional economy.
  b. South Africa is the only African member of the G20.
  c. Despite tariff reductions mandated by the International Trade Association (ITA), South African local industries that were once protected from foreign competition have managed to remain competitive in the country's domestic market.
  d. South Africa has historically had a trade surplus and a low foreign debt.
  e. South Africa's most buoyant export industry is the energy sector.

 Q. 3

High-tech industries are helping shape the new economy and making states and local governments rethink economic development strategies, partly because high-tech firms can locate almost anywhere and are motivated by quality of life and workforce issues.
 
  a. True
  b. False
  Indicate whether the statement is true or false

 Q. 4

The transition from the apartheid regime to the post-apartheid regime involved negotiated agreements among the various political parties involved. Which of the following is NOT an example of such an agreement?
 
  a. Positions in the transitional government would be accorded proportionally among the parties.
  b. Participants of politically motivated violence could obtain immunity.
  c. The newly elected Parliament would sit as constitutional assembly to draw up a final constitution.
  d. Provincial legislatures would absorb the homeland bureaucracies.
  e. African (Black) trade unions were given the right of collective bargaining.

 Q. 5

While some have strongly criticized states for spending too much money and making too many concessions to attract industry, most jurisdictions support strong incentives as necessary to grow jobs because they cannot afford not to do so.
 
  a. True
  b. False
  Indicate whether the statement is true or false

 Q. 6

International sanctions against South Africa during the apartheid era
 
  a. began in the 1970s.
  b. were instituted by the United Nations, which strictly enforced them.
  c. were suspended in 1990 when President De Klerk released Nelson Mandela from prison.
  d. caused the government to invest in strategic industries.
  e. were limited to economic embargoes.

 Q. 7

A robust economy provides jobs for residents and revenues for governments.
 
  a. True
  b. False
  Indicate whether the statement is true or false

 Q. 8

Which of the following is an example noted in your text of a political reform in the 1970s and 1980s designed to ease, but not eliminate, apartheid?
 
  a. Allowing Africans to hold civil service jobs including those in security institutions like the police
  b. Requiring that only half of the curriculum in African schools be taught in Afrikaans
  c. The central government turning administration of townships over to African residents
  d. African workers gaining collective bargaining rights
  e. Allowing political parties associated with Africans to participate in subnational elections