Exam 9: Globalization, Inequality, and Development

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What are strategies such as debt cancellation, tariff reduction, and foreign aid aimed at infrastructural support intended to do?

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Canada is involved in several trade agreements with other nations. At one point, the Canadian government was sued for acting as a "barrier to trade" because it disallowed a product that exceeded allowable toxicity levels from being sold in Canada. What does this legal action demonstrate?

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In which of the following theories does dependency theory have roots?

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Taiwan and South Korea are socially cohesive countries. Discuss how this social cohesion positively impacted their economic development.

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Which of the following best characterizes the balance of power between nation-states and transnational corporations (TNCs)?

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With which of the following terms has the global transmission of American values and American business culture become synonymous?

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How has the type of colonialism influenced economic growth in former colonies?

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Outline the main views about the history of globalization. Which do you support and why?

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Why do companies based in developed countries locate their production facilities in underdeveloped countries?

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When analysts state that globalization actually sharpens some local differences, they use the term glocalization.

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When Dion was hired at an office supply chain store, he had to memorize scripts for every possible interaction with customers and every procedure he may have to perform. What process is at work in Dion's workplace?

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After a heated discussion on economic development strategies for poor countries in Africa, your friend retorts "You're a neoliberalist" and then leaves. Explain what your friend meant by labelling you a neoliberalist.

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In contrast to several other theories about globalization, when do the textbook's authors suggest that it began?

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What can be concluded using the Gini index figures regarding inequality?

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Judging by the list of global spending priorities shown in the textbook, what values are highlighted?

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What effect do international agreements have on nation-states?

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