Deck 12: Current Trends in the Global Political Economy

Question 1

The theorists who are most skeptical that globalization has increased are

A) Marxists.
B) neomercantilists.
C) interventionist liberals.
D) orthodox liberals.

Answer 1

B

Question 2

Which theoretical perspectives are skeptical about the universal benefits of globalization (check all that apply):

A) Neomercantilists
B) Orthodox liberals
C) Interventionist liberals
D) Marxists

Answer 2

A,D

Question 3

In regard to the overall legitimacy of the KIEOs, most civil society organizations are:

A) rejectionist.
B) conformist.
C) transformist.
D) reformist.

Answer 3

B

Question 4

The world's largest greenhouse gas emitter is

A) Russia.
B) the United States.
C) China.
D) India

Question 5

After the 2008 crash, the role of the IMF:

A) Increased
B) Decreased
C) Stayed the same
D) Depends on the country it was dealing with

Question 6

Overall, global disparities in income inequality declined from 2000-20.

Question 7

Liberals often recognize that globalization may contribute to inequality in the short term.

Question 8

Despite its economic problems, the United States continues to rank first in global competitiveness according to the Global Competitiveness Report.

Question 9

China is now largely autonomous in regard to developing its own technology.

Question 10

The WTO acquired new momentum for the Doha Round following the 2008 crash.

Question 11

Gramscian theorists argue that globalization is leading to the development of a __________________________ composed of MNCs and international banks, business groups, and economic organizations.

Question 12

The 1987 Montreal Protocol on Substances that Deplete the Ozone Layer has resulted in significantly reduced production of _________________.

Question 13

The first round of WTO multilateral trade negotiations is the ________________.

Question 14

The civil conflict in __________ led to a migration crisis in 2016.

Question 15

The U.S. sought sanctions against the _____________ Chinese telecommunications company in 2019.

Question 16

Compare and contrast the neomercantilist, liberal, and Marxist views on globalization. Which do you find most convincing and why?

Question 17

Consider the dispute over global inequality and examine overall trends. Looking at the methods of the World Bank and/or the UN, what potential flaws do you see with how they measure and interpret global inequality trends?

Question 18

Take the perspective of an emerging global civil society actor looking to make a difference on corporate social responsibility. Taking what you have learned in the chapter on MNCs, what obstacles do you face in pushing for greater accountability?

Question 19

What are the challenges to revamping and enforcing the Paris Climate Change Agreement?

Question 20

How does migration feed into populist movements, and what can be done to improve global management of it?

Question 21

What are the prospects of China becoming the next global hegemon? What are the main obstacles it faces?