Question 1

According to Oatley,workers in advanced countries are paid more than workers in the developing world primarily because they are

Accepted Answer

Workers in advanced countries are generally more productive due to better technology, infrastructure, and education, which leads to higher wages.

Question 2

According to Oatley,what binds the anti-globalization movement is opposition to a global economy that they believe prioritizes

Accepted Answer

Oatley states that the anti-globalization movement is opposed to a global economy that prioritizes corporate and commercial interests over other concerns.

Question 3

“Cash labor standards” elaborated in the ILO 1998 declaration do not include

Accepted Answer

C

Question 4

“Core labor standards” elaborated in the ILO 1998 declaration do not include

Accepted Answer

The core labor standards elaborated in the ILO 1998 declaration include abolition of forced labor, minimum age for employment, right to collective bargaining, and freedom of association. However, maximum working hours are not included as a core labor standard in the declaration.

Question 5

According to Oatley,the world economy between 1960 and 2000 grew annually by about

Accepted Answer

Oatley states that the world economy grew annually by about 3.5% between 1960 and 2000.

Question 6

The environmental Kuznets curve

Accepted Answer

The answer of The environmental Kuznets curve
...

Question 7

Using Gini coefficient measures instead of the ratio of average incomes in the world's richest country to the average income in the world's poorest country,Oatley concludes that

Accepted Answer

Global inequality is much greater than domestic income inequality in even the most unequal countries.

Question 8

Given the alternatives,developing country workers have to choose from,a job in a factory engaged in production for export

Accepted Answer

Factory jobs engaged in production for export are often the highest paying option for workers in developing countries due to higher demand and better wages compared to local industries.

Question 9

Oatley implies that the only way to enforce higher global labor standards is to

Accepted Answer

Oatley suggests that the only way to enforce higher global labor standards is by restricting trade with countries violating these rules. He argues that this will create economic pressure on these countries to improve their labor standards in order to maintain access to global markets. In his view, appealing to humanitarian interests alone may not be effective unless it is linked to economic incentives.

Question 10

Numerous examples of objectionable workplace practices during the last fifteen years have been documented.Which of the following is not cited by Oatley in his analysis of this subject in Chapter 16?

Accepted Answer

Oatley does not cite workers being forced to lie about illegal activities and abuse to inspectors in Chapter 16.

Question 11

Globalization has scale effects that arise from the expansion of economic activity.These scale effects are positive because

Accepted Answer

The answer of Globalization has scale effects that arise from...

Question 12

In most instances,the environmental consequences of economic activity are not taken into account through the market.As a result,

Accepted Answer

The statement suggests that economic activity often does not consider its environmental consequences, implying that the market fails to internalize negative externalities. Thus, governmental environmental regulation, which can help ensure a more positive outcome, is necessary. Option D states this fact explicitly, making it the best choice. The other options are incorrect as they do not accurately reflect the statement's meaning.

Question 13

According to Oatley,although the causal relationship between participation in global economy and growth is debated,which of the following is a correct statement?

Accepted Answer

The answer of According to Oatley,although the causal relationship between...

Question 14

According to Oatley,the sole reason why global income inequality has decreased during the last twenty years is because of

Accepted Answer

According to Oatley, the sole reason why global income inequality has decreased during the last twenty years has been due to higher wages in factories in developing countries.

Question 15

According to Oatley,workers in MNC affiliates compared to locally owned firms

Accepted Answer

The answer of According to Oatley,workers in MNC affiliates compared...

Question 16

Recent research suggests that the absolute number of people living in poverty between 1980 and 2008 fell by about

Accepted Answer

Recent research suggests that between 1980 and 2008, around 500 million people were lifted out of poverty, thanks in part to economic growth and policies that promote social inclusion.

Question 17

The quest for global rules for improved working conditions in developing countries advocated by NGOs and labor unions in advanced industrial countries are generally rejected by defenders of globalization.Which of the following is not an argument likely to be used by Oatley and the defenders of greater globalization?

Accepted Answer

Oatley and defenders of globalization are more likely to argue that greater growth of the world economy is driven by corporate profits rather than concern for improving working conditions in both developing and developed countries. The other options are arguments that defenders of globalization commonly use to reject improved global labor standards advocated by NGOs and labor unions.

Question 18

Poverty reduction has not been distributed evenly across the globe.Which of the following statements is incorrect?

Accepted Answer

Poverty reduction has been concentrated in a small number of countries, particularly in East Asia, such as China, which has seen significant reductions in poverty.

Question 19

According to Oatley,annual compensation by MNC affiliates is the

Accepted Answer

The answer of According to Oatley,annual compensation by MNC affiliates...

Question 20

Oatley claims that global wage differences are not caused by different labor market regulations but by

Accepted Answer

Oatley argues that global wage differences are caused by different levels of productivity. This means that workers in some countries are able to produce more in a given amount of time than workers in other countries, and therefore, can command higher wages.

Quiz 16: Globalization: Consequences and Controversies