Deck 11: Global Political Economy: Searching for Equity in the Global South

Question 1

Which of these is not an example of a global south region?

A) Asia
B) Latin South America
C) Eastern Europe
D) Africa

Answer 1

Eastern Europe

Question 2

____________ is not a category used in differentiating economies of global north and south.

A) Lower-middle
B) Newly industrialized countries
C) High
D) Upper-middle

Answer 2

Newly industrialized countries

Question 3

Which of these countries was once considered part of the global south?

A) Ukraine
B) South Korea
C) Italy
D) Syria

Answer 3

South Korea

Question 4

Which of these statements is incorrect about Global South countries.

A) Most share a history of colonialism.
B) They are some of the leading consumers of goods produced in the Global North.
C) Most were sovereign nations before World War II.
D) They rely on the export of primary products.

Question 5

Services and manufactured goods account for more than _______ of Global North exports.

A) 55%
B) 75%
C) 80%
D) 90%

Question 6

Which of these factors is not a result of rapid urbanization in the Global South?

A) weakening social order
B) unemployment
C) poor sanitary, housing, and related services
D) an increased workforce in the agricultural sector

Question 7

What percent of the 500 largest MNCs are based in the North?

A) 90%
B) 70%
C) 45%
D) 30%

Question 8

Industrial development in the Global South contributes to all of these except ____________.

A) air pollution
B) decreased water quality
C) afforestation
D) mechanization

Question 9

During the 2008 Beijing Summer Olympics, __________________ became a serious concern for athletic performance and health.

A) water scarcity
B) language barrier
C) heatwaves
D) air pollution

Question 10

Which is not a characteristic of the global political economy?

A) mostly unregulated
B) competition
C) self-reliance
D) collective welfare

Question 11

During colonialism, dominant countries typically imported_____________.

A) services
B) manufactured goods
C) raw goods
D) semi-finished goods

Question 12

All these are issues identified in the Millennium Development Goals (MGDs), except.

A) reducing extreme poverty
B) removing trade barriers
C) improving health
D) increasing education

Question 13

In which year were the Sustainable Development Goals (SDGs) launched?

A) 1948
B) 1981
C) 2002
D) 2015

Question 14

In 2017, ___________ in official development assistance (ODA) flowed from North to South.

A) over $500 billion
B) 45 billion
C) $100 million
D) $146 billion

Question 15

Balancing economic, social, and environmental dimensions of development is a crucial feature of____________.

A) the SDGs
B) the UN Global Compact
C) the MDGs
D) the NICs

Question 16

According to the chapter, what global event was a significant turning point for structures and relationships in the global system?

A) abolition of slave trade
B) World War II
C) the Cold War
D) World War I

Question 17

Passage of the New International Economic Order (NIEO) in 1974 by the UN General Assembly can be attributed to ___________.

A) LDCs
B) the G-77
C) the UNCTAD
D) the IMF

Question 18

Which of these American presidents argued that LDCs have not done enough to reform themselves?

A) Donald Trump
B) George W. Bush
C) Ronald Reagan
D) Bill Clinton

Question 19

The World Bank's classification of low, middle, and high-income countries is based on_______________.

A) Purchasing Power Parity (PPP)
B) Gross Domestic Product (GNP) per capita
C) Gross Domestic Product (GDP)
D) Gross National Income (GNI) per capita

Question 20

Which of these is not one of the UN's economic priorities?

A) provision of technical assistance to the global south
B) regulation of global corporations
C) monitoring global interest rates
D) integration of the global south into the world economy

Question 21

Which of the following is not an example of a cartel?

A) Asian and Pacific Coconut Community
B) the airline industry
C) OPEC
D) the tea industry

Question 22

Which of the following is not a policy agenda for the G-77?

A) debt relief granted by Northern countries
B) Increased opportunities for Southern workers' migration to Northern countries.
C) Institutional reforms of international financial agencies in order to increase Southern countries' influence over policies.
D) Increased investments in Southern countries through long term land leases by Northern countries.

Question 23

Which of the following is an example of dumping as a trade tactic?

A) A country is subsidizng its industries to give them a competitive advantage.
B) A foreign manufacturer sells below cost abroad with the intent of driving other competitors out of business.
C) America imposing retaliatory tariffs on Chinese goods.
D) Government's use of economic sanctions.

Question 24

According to the chapter, which of these best describes the need for the Global North to help the Global South?

A) UN pressure
B) a growing sense of shared economic fate
C) economic competition between the North and South
D) counter South-South economic relations

Question 25

Which of the following statements is not true?

A) Nationalistic attitudes greatly inform
Trump's economic policies.
B) Politics plays a vital role in determining economic policy.
C) Liberal internationalists favor protectionist policies as a mechanism for growth.
D) Despite increased globalization, countries still prioritize economic policies that ultimately promote their prosperity.

Question 26

According to the chapter, tariffs are __________________.

A) taxes imposed on foreign goods imported into a country
B) taxes imposed on domestic goods exported to another country
C) low-cost exports into a country
D) monetary gains between trading partners

Question 27

Health and safety standards are an example of __________.

A) nontariff barriers
B) monetary barriers
C) investment restrictions
D) tariff barriers

Question 28

Which of the following statements is not accurate about trade and investment barriers?

A) Quotas involve capping the number of units a country can ship.
B) Generally, tariff rates in the Global North are much higher than in the Global South.
C) Countries manipulate exchange rates to ensure that their currencies are weaker than other currencies.
D) The average tariff on agricultural products is much higher than it is on manufactured products.

Question 29

Why might countries engage in dumping as a trade tactic?

A) for profit maximization
B) to establish a new market
C) to facilitate economic growth in the receiving country
D) to drive competitors out of a particular market

Question 30

Which of the following barriers would restrict foreign professionals from providing services in another country?

A) tariff barriers
B) health and safety standards
C) monetary barriers
D) administrative requirements

Question 31

According to the chapter, the average tariff in the US is___________.

A) 31.4%
B) 3.4%
C) 10%
D) 4.9%

Question 32

In which year did the International Tea Agreement establish a cartel to regulate tea?

A) 1960
B) 1945
C) 1933
D) 1990

Question 33

The ways political forces interact with economic forces in the global economy is known as ______________

A) globalization
B) international economic development
C) global political economy
D) industrialization

Question 34

According to the chapter, distress dumping occurs when _______________.

A) a foreign company has an oversupply of its product
B) a foreign manufacturer sells below market price to drive out competition
C) a foreign company is limited in the number of units it can ship
D) a country limits foreign ownership of companies

Question 35

Which of the following is not an argument that internationalists make?

A) Unrestricted trade promotes global cooperation.
B) Development of the South will increase Global North's prosperity.
C) Foreign investors' control of the economy results in their ability to influence political processes.
D) Free economic interchange promotes beneficial competition.

Question 36

According to the US Federal Reserve Bank protectionism _______________.

A) results in the continued growth of the American economy
B) leads to lower prices of the protected items
C) is a cost on the economy
D) stimulates innovation

Question 37

___________ argue that jobs are lost when MNCs establish businesses in other countries.

A) Economic nationalists
B) Internationalists
C) World systems believers
D) Proponents of globalization

Question 38

During the 2008 Beijing Summer Olympics China banned the use of nearly ______________ high-polluting vehicles during the games.

A) 300,000
B) 500,000
C) 400,000
D) 200,00

Question 39

In 2017 the U.S. had a trade deficit with China that amounted to _________________.

A) $376 billion
B) $400 billion
C) $569 billion
D) $289 billion

Question 40

Which of the following countries is considered a newly industrialized country?

A) Israel
B) Malta
C) South Korea
D) Japan

Question 41

High-income countries account for ____________ of the world population.

A) 20%
B) 12%
C) 17%
D) 25%

Question 42

China accounted for _______________ of all exports from upper middle-income countries.

A) 25%
B) 46%
C) 37%
D) 41%

Question 43

People who live in the Global North produce more than _______________ for every $1 produced by people who live in the poorest parts of the Global South.

A) $40
B) $60
C) $55
D) $37

Question 44

There are about ______________ doctors per 1000 people in the poorest countries.

A) 5 doctors
B) 3 doctors
C) 1 doctors
D) 1.2 doctors

Question 45

A child born in one of the poorest countries is _____________ more likely to die before age five than a child in the Global North.

A) 10 times
B) 17 times
C) 12 times
D) 15 times

Question 46

From 1960 to 2017, the population of sub-Saharan Africa increased by_____________.

A) 205%
B) 189%
C) 405%
D) 321%

Question 47

Between 1965 and 2008, the share of the Global South's population living in urban areas ______.

A) stayed the same
B) tripled
C) doubled
D) quadrupled

Question 48

Approximately ______________ cities in the Global South have populations over 1 million.

A) 200
B) 175
C) 190
D) 150

Question 49

All of the following are reasons why economic relations between the North and South remain strained except for ________________.

A) The South's rejection of any form of aid from the North.
B) Resentment in the South over its past and present treatment by the North.
C) Continued assertiveness by countries in the Global South that they have a right to a much higher share in the world's economic wealth.
D) The North's general and recurrent rejection of the South's demands for unilateral and compensatory economic reforms by the North.

Question 50

Europeans receive mostly raw or transformed goods such as fuels, agricultural products, and textiles from ___________________.

A) Africa
B) Latin America
C) Asia
D) the Caribbean

Question 51

In 2012, _______________ told one international development conference that LDCs had not done enough to reform themselves

A) France President Jacques Chirac
B) Bill Gates
C) President George W. Bush
D) Steve Jobs

Question 52

The famous and violent anti-globalization protest took place in ________________.

A) 1999
B) 1994
C) 1990
D) 1997

Question 53

The UN Global Compact was launched in ________________________.

A) 2005
B) 2001
C) 2000
D) 2008

Question 54

The UN began sponsoring North-South economic summit conferences in ________________.

A) 1987
B) 1983
C) 1981
D) 1985

Question 55

How many Sustainable Development Goals (SDGs) are there?

A) 17
B) 15
C) 21
D) 25

Question 56

_____________ out of 20 of the world's most populous cities are in the Global South

A) 10
B) 17
C) 12
D) 15

Question 57

At the 2005 G-77 meeting, leaders adopted the ________________ to continue strengthening the unity and solidarity among countries of the South.

A) Doha Plan of Action
B) Bali Action Plan
C) Cancun Action Plan
D) Santiago Plan of Action

Question 58

China consumed over _________________ of the world's energy consumption in 2017.

A) 15%
B) 17%
C) 25%
D) 23%

Question 59

All of the following are trade and investment Barriers, except for ______________.

A) free trade
B) tariffs or taxes imposed on foreign goods imported into a country
C) nontariff barriers (NTBs)
D) investment restrictions

Question 60

Upper income countries of the Global North exported almost ______________ of all goods and services in 2016.

A) 70%
B) 67%
C) 81%
D) 59%

Question 61

Foreigners are barred from controlling airlines in all the following countries except for _______________.

A) The US.
B) Australia
C) European Union
D) Canada

Question 62

Which is the most famous heavily subsidized economic sector?

A) tourism
B) agriculture
C) fishing
D) mining

Question 63

The Marshall Plan provided aid for which of the following countries?

A) China
B) Russia
C) Brazil
D) Japan

Question 64

In Nigeria, ____________ of the urban households are connected to a sewer.

A) more than half
B) less than half
C) less than three quarters
D) all

Question 65

The book On the Principles of Political Economy and Taxation was written by _______________.

A) David Ricardo
B) Stuart Mill
C) Alfred Marshall
D) Dan Blatt

Question 66

In the 1990s Americans were sensitive to the fact that a _______________ company acquired the Seattle Mariners baseball team.

A) Chinese
B) Brazilian
C) Japanese
D) German

Question 67

The U.S. embargo on most trade with and travel to Cuba began in______________.

A) 1960
B) 1955
C) 1970
D) 1965

Question 68

The rapid globalization process began after ________________.

A) World War II
B) World I
C) the Cold War
D) the internet age

Question 69

Reflect on the concept of the Global South.

Question 70

Describe immigration patterns from the Global South to the Global North.

Question 71

What role does geography play in our understanding of the Global North vs. the Global South?

Question 72

Describe the categorization of world countries into income levels.

Question 73

Describe BRIC and its role in the world economy.

Question 74

Reflect on Global South countries and neocolonialism.

Question 75

Identify and explain trade differences between the Global North and the Global South.

Question 76

Explain social, economic realities in the Global South.

Question 77

Describe statistical challenges in understanding social, economic realities in the Global South.

Question 78

What is urbanization, and how is it changing the economic landscape of Global South countries?

Question 79

Reflect on liberal internationalism and its role in shaping the global economy.

Question 80

Reflect on development assistance.