Exam 15: Globalization: the Interconnected World

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Which theorist is most closely associated with world systems theory?

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Define and discuss the similarities and differences between globalization and globality.

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Which of the following theoretical approaches argues that unequal exchange is an obstacle to development in poorer countries?

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When Victor calls for technical support with his computer, he speaks to someone in India. He gets angry about this situation because his brother is a computer wizard, but can't find work here in Canada. What is the market phenomenon that has created this situation?

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According to the text, what is the difference between globalization and globality?

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In 2009, 44 of the top 100 economies in the world were corporations rather than countries.

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You watch an economist being interviewed: she speaks passionately against government regulation of business and financial institutions, saying, "The markets will correct themselves." What type of economist would this person be?

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