Podcast
Questions and Answers
What was the outcome of the Congress of Vienna?
What was the outcome of the Congress of Vienna?
- The collapse of the European economy
- The rise of Napoleon's empire
- A century of wars among European powers
- A balance of power among European powers (correct)
What was the primary change in the economic domain after 1815?
What was the primary change in the economic domain after 1815?
- Reduced private investment
- Exorbitant privileges to rulers' friends
- Increased arbitrary expropriation by rulers
- Secure property rights for a large cross-section of society (correct)
What was the consequence of the defeat of Napoleon at Waterloo?
What was the consequence of the defeat of Napoleon at Waterloo?
- The continuation of wars and political turmoil
- The collapse of the global economy
- The end of two decades of wars and political turmoil (correct)
- The rise of a new European empire
What was the dominant economic policy in Europe during the free-trade era?
What was the dominant economic policy in Europe during the free-trade era?
What was the role of Great Britain in the international economy during the 19th century?
What was the role of Great Britain in the international economy during the 19th century?
What was the outcome of the Congress of Vienna in terms of international relations?
What was the outcome of the Congress of Vienna in terms of international relations?
What benefit does a system based on fixed exchange rates provide to international transactions?
What benefit does a system based on fixed exchange rates provide to international transactions?
What is the estimated increase in bilateral trade between two countries going on gold?
What is the estimated increase in bilateral trade between two countries going on gold?
Why did many countries choose gold as their standard?
Why did many countries choose gold as their standard?
What was the key role of the pound in the international financial system?
What was the key role of the pound in the international financial system?
What was the role of the City in the international financial system?
What was the role of the City in the international financial system?
By the early 20th century, what percentage of world trade was attributed to Europe?
By the early 20th century, what percentage of world trade was attributed to Europe?
What innovation in shipbuilding led to shorter travel times and larger cargo capacities?
What innovation in shipbuilding led to shorter travel times and larger cargo capacities?
What facilitated the growth of international capital flows in the late 19th century?
What facilitated the growth of international capital flows in the late 19th century?
Which country was the first to adopt the gold standard?
Which country was the first to adopt the gold standard?
What was the result of more countries adopting the gold standard?
What was the result of more countries adopting the gold standard?
What was the approximate length of overland lines by 1862?
What was the approximate length of overland lines by 1862?
What was the primary goal of the economic policies of European powers from 1500 to 1800?
What was the primary goal of the economic policies of European powers from 1500 to 1800?
What was the significant outcome of the industrial revolution?
What was the significant outcome of the industrial revolution?
What happened to the relationship between monarchs and markets after the industrial revolution?
What happened to the relationship between monarchs and markets after the industrial revolution?
What was the significance of the repeal of the Corn Laws in 1846?
What was the significance of the repeal of the Corn Laws in 1846?
Why did industrialists support free trade?
Why did industrialists support free trade?
What was the outcome of the Cobden-Chevalier treaty in 1860?
What was the outcome of the Cobden-Chevalier treaty in 1860?
What was the significance of the most-favored nation (MFN) clause?
What was the significance of the most-favored nation (MFN) clause?
What was the impact of trade liberalization on international trade?
What was the impact of trade liberalization on international trade?
What was the exception to the adoption of free trade policies in the 19th century?
What was the exception to the adoption of free trade policies in the 19th century?
What was the outcome of trade openness on domestic industries?
What was the outcome of trade openness on domestic industries?
