Question 1

What is the position of Franz Fannon in his work, The Wretched of the Earth ?

Accepted Answer

According to Fannon, it is colonization that has created the depressed condition of many formerly colonial nations, as rich colonizers enslaved the residents and took their wealth.

Question 2

Which of the following is not mentioned by Herman Daly as a consequence of globalization?

Accepted Answer

Herman Daly mentions in his article about the negative consequences of globalization, such as lower standards due to competition, increased tolerance of mergers and monopoly, and intense national specialization. However, he does not mention increased educational development as a consequence.

Question 3

Technological advancements are

Accepted Answer

Technological advancements are leading to an increasing economic disparity between rich and poor nations. The rich countries have better access to technology, are able to invest more in research and development, and have more resources to implement new technologies, while poor countries struggle to keep up. This is leading to a widening gap between the economic health of different nations.

Question 4

Which of the following is not mentioned as a result of the World Bank and the International Monetary Fund?

Accepted Answer

The article does not mention anything about the World Bank and the IMF leading to international terrorism. The other options are mentioned as negative results of their actions.

Question 5

Self interest rationales for helping develop poorer countries include all the following except

Accepted Answer

Creating opportunity for indigenous peoples is not a self-interest rationale for helping develop poorer countries; it is more altruistic, focusing on the benefits to the people in those countries rather than how it benefits one's own country.

Question 6

What percentage of American farm subsidies goes to the richest 10% of farmers?

Accepted Answer

The richest 10% of farmers receive approximately 90% of American farm subsidies, highlighting the disproportionate distribution of these funds.

Question 7

One significant difference between matters of charity and matters of justice is that the former is more flexible or optional than the latter.

Accepted Answer

Matters of charity involve acts of kindness and generosity that are not necessarily required or mandatory, whereas matters of justice involve principles and laws that are expected to be followed in order to ensure fairness and equality for all members of a society. Therefore, charity is more flexible or optional than justice.

Question 8

Use the two concepts of justice, the process view and the end state view, to discuss the ethical problem of economic justice on a world wide level.

Accepted Answer

The answer of Use the two concepts of justice, the...

Question 9

Describe one positive effort of the World Bank and IMF and one negative aspect.

Accepted Answer

The answer of Describe one positive effort of the World...

Question 10

The global human population is growing at the rate of

Accepted Answer

The global human population is estimated to grow by approximately 200,000 people per day.

Question 11

It is clear that globalization has contributed more to stability and peace than to dissention and conflict around the world.

Accepted Answer

Globalization has both positive and negative impacts on stability and peace. While it has promoted economic growth, interdependence, and cultural exchange, it has also contributed to economic disparities, cultural homogenization, and sometimes exacerbated conflicts over resources and identity, making it difficult to assert that it has contributed more to stability and peace than to dissention and conflict globally.

Question 12

What percentage of people with HIV/AIDS live in sub-Saharan Africa?

Accepted Answer

The answer of What percentage of people with HIV/AIDS live...

Question 13

According to free market capitalism, free markets lead to all of the following except

Accepted Answer

Free market capitalism primarily focuses on economic aspects such as efficiency, innovation, and consumer choice, rather than directly influencing nationalism. Nationalism is more related to cultural and political identity than to economic systems.

Question 14

According to Peter Singer, helping people in famine ridden countries and areas is a matter of charity not obligation or duty.

Accepted Answer

Peter Singer argues that helping people in famine ridden countries and areas is not just a matter of charity but also a moral obligation and duty. He holds that those in developed countries have a duty to assist those suffering from famine because they possess the means to help and because they bear a significant amount of responsibility for the existence of poverty in these countries.

Question 15

What is the average wage of a person working in a call center in India (in US dollar equivalency)?

Accepted Answer

The average wage of a person working in a call center in India typically ranges from 200-400 USD per month. While there may be some call center employees earning higher salaries, this is the average range for the industry.

Question 16

The gap between rich and poor nations has greatly narrowed over the last 3 decades.

Accepted Answer

Despite some progress in reducing poverty and promoting economic growth in some developing countries, the gap between rich and poor nations has not significantly narrowed over the last 3 decades. In fact, some studies suggest that inequality between countries has actually increased in recent years.

Question 17

Among the indicators of economic development of a country are standard of living, life expectancy, and literacy.

Accepted Answer

These indicators are commonly used to evaluate the economic development of a country.

Question 18

The World Bank argues that reducing farm subsidies to farmers in Western countries would

Accepted Answer

The World Bank argues that reducing farm subsidies to farmers in Western countries would allow millions of people worldwide to escape poverty. By eliminating subsidies, it would create a more level playing field for developing countries, allowing them to compete with greater ease. This, in turn, would increase the efficiency and productivity of the global agricultural network, reducing poverty for those working within it.

Question 19

One of the ways to evaluate ethically the policies of the IMF and World Bank is whether they have done more good than harm or the opposite.

Accepted Answer

Evaluating the outcome of policies in terms of their overall impact on society is a valid ethical approach. Therefore, assessing if the policies of the IMF and World Bank have done more good than harm or the opposite is a suitable way to evaluate their ethical performance.

Quiz 19: Global Issues and Globalization