Question 1

An example of a formal institutional framework includes:

Accepted Answer

A)  Trade policy 
B)  Tax policy 
C)  Health and safety regulations 
D)  All of the above 
E)  None of the above 
A)  Trade policy 
B)  Tax policy 
C)  Health and safety regulations 
D)  All of the above 
E)  None of the above D

Question 2

Capital- and technology-intensive industries such as aircraft, automobile, and semiconductor manufacturing are examples of ______________ chains.

Accepted Answer

A)  Buyer-driven 
B)  Producer-driven 
C)  Intermediary 
D)  Tertiary 
E)  None of the above 
A)  Buyer-driven 
B)  Producer-driven 
C)  Intermediary 
D)  Tertiary 
E)  None of the above B

Question 3

The geographical complexity of global commodity chains is generally:

Accepted Answer

A)  Increasing 
B)  Decreasing 
C)  Stabilizing 
D)  All of the above 
E)  None of the above 
A)  Increasing 
B)  Decreasing 
C)  Stabilizing 
D)  All of the above 
E)  None of the above A

Question 4

Which of the following domains has been caught up in the process of commodification?

Accepted Answer

A)  Culture 
B)  Religion 
C)  The environment 
D)  All of the above 
E)  None of the above 
A)  Culture 
B)  Religion 
C)  The environment 
D)  All of the above 
E)  None of the above

Question 5

_________________ chains tend to be found in industries where large retailers and brand-name merchandisers play the central role in establishing and controlling the global production systems of their commodities.

Accepted Answer

A)  Buyer-driven 
B)  Producer-driven 
C)  Intermediary 
D)  Tertiary 
E)  None of the above 
A)  Buyer-driven 
B)  Producer-driven 
C)  Intermediary 
D)  Tertiary 
E)  None of the above

Question 6

Consumers in the capitalist system are largely ________________ of the geographical origins and histories of the commodities that they consume.

Accepted Answer

A)  Aware 
B)  Conscious 
C)  Ignorant 
D)  All of the above 
E)  None of the above 
A)  Aware 
B)  Conscious 
C)  Ignorant 
D)  All of the above 
E)  None of the above

Question 7

Formal institutional frameworks relate to the ____________________ that determine how economic activity is undertaken in particular places.

Accepted Answer

A)  Rules and regulations 
B)  Social customs 
C)  Economies of scale 
D)  All of the above 
E)  None of the above 
A)  Rules and regulations 
B)  Social customs 
C)  Economies of scale 
D)  All of the above 
E)  None of the above

Question 8

Armed with direct access to millions of consumers, large buyers such as Wal-Mart and Nike can achieve huge _____________________ in their global sourcing of clothing manufactured in developing countries.

Accepted Answer

A)  Debts 
B)  Multiplier effects 
C)  Economies of scale 
D)  All of the above 
E)  None of the above 
A)  Debts 
B)  Multiplier effects 
C)  Economies of scale 
D)  All of the above 
E)  None of the above

Question 9

In global commodity chains, ___________________ strategies refer to the potential for firms, or groups of firms, to improve their relative position within the system as a whole.

Accepted Answer

A)  Upgrading 
B)  Downgrading 
C)  Management 
D)  Labor-control 
E)  Situational 
A)  Upgrading 
B)  Downgrading 
C)  Management 
D)  Labor-control 
E)  Situational

Question 10

The vast majority of the coffee produced globally is consumed in developed countries, with retail sales each year estimated at:

Accepted Answer

A)  $70 billion 
B)  $10 billion 
C)  $1 billion 
D)  $50 million 
E)  $25 million 
A)  $70 billion 
B)  $10 billion 
C)  $1 billion 
D)  $50 million 
E)  $25 million

Question 11

The precise form that a standard takes is:

Accepted Answer

A)  A code of conduct 
B)  A label on a finished product 
C)  A set of voluntary initiatives 
D)  All of the above 
E)  None of the above 
A)  A code of conduct 
B)  A label on a finished product 
C)  A set of voluntary initiatives 
D)  All of the above 
E)  None of the above

Question 12

The purchase and primary use of a commodity is often seen to be the _____________ of the commodity chain by the general public.

Accepted Answer

A)  End point 
B)  Continuation 
C)  Starting point 
D)  All of the above 
E)  None of the above 
A)  End point 
B)  Continuation 
C)  Starting point 
D)  All of the above 
E)  None of the above

Question 13

The tendency toward a(n) _________________ among low-cost suppliers creates an environment for breeding working conditions that are unacceptably difficult or dangerous, commonly known as sweatshops.

Accepted Answer

A)  "Race to the bottom" 
B)  "Race to the top" 
C)  Steady-state 
D)  Input-output balance 
E)  Input-output structure 
A)  "Race to the bottom" 
B)  "Race to the top" 
C)  Steady-state 
D)  Input-output balance 
E)  Input-output structure

Question 14

Global commodity chains are not just a feature of agricultural and manufacturing sectors, but are also apparent in many ______________ sectors.

Accepted Answer

A)  Service 
B)  Human 
C)  Interplace 
D)  All of the above 
E)  None of the above 
A)  Service 
B)  Human 
C)  Interplace 
D)  All of the above 
E)  None of the above

Question 15

Provide two examples of how global commodity chains are emerging in contemporary service sectors.

Accepted Answer

One example of how global commodity chai

Question 16

The purchase of a commodity through monetary relations serves to _______________ producers and consumers.

Accepted Answer

A)  Connect 
B)  Disconnect 
C)  Establish 
D)  All of the above 
E)  None of the above 
A)  Connect 
B)  Disconnect 
C)  Establish 
D)  All of the above 
E)  None of the above

Question 17

The geographic configurations of global commodity chains are becoming more _______________ and liable to rapid change.

Accepted Answer

A)  Static 
B)  Predictable 
C)  Dynamic 
D)  All of the above 
E)  None of the above 
A)  Static 
B)  Predictable 
C)  Dynamic 
D)  All of the above 
E)  None of the above

Question 18

When mapping a commodity chain one must take into account:

Accepted Answer

A)  Manufacturing processes 
B)  Intangible services 
C)  Intangible inputs 
D)  All of the above 
E)  None of the above 
A)  Manufacturing processes 
B)  Intangible services 
C)  Intangible inputs 
D)  All of the above 
E)  None of the above

Question 19

________________ forms of governance fall in between the producer- and buyer-driven models.

Accepted Answer

A)  Independent 
B)  Isolated 
C)  Relational 
D)  All of the above 
E)  None of the above 
A)  Independent 
B)  Isolated 
C)  Relational 
D)  All of the above 
E)  None of the above

Question 20

Even the most mundane and everyday acts of consumption tie us into webs of:

Accepted Answer

A)  Connections 
B)  Exchange 
C)  Value-adding activities 
D)  All of the above 
E)  None of the above 
A)  Connections 
B)  Exchange 
C)  Value-adding activities 
D)  All of the above 
E)  None of the above

An example of a formal institutional framework includes:

Capital- and technology-intensive industries such as aircraft, automobile, and semiconductor manufacturing are examples of ______________ chains.

The geographical complexity of global commodity chains is generally:

Which of the following domains has been caught up in the process of commodification?

_________________ chains tend to be found in industries where large retailers and brand-name merchandisers play the central role in establishing and controlling the global production systems of their commodities.

Consumers in the capitalist system are largely ________________ of the geographical origins and histories of the commodities that they consume.

Formal institutional frameworks relate to the ____________________ that determine how economic activity is undertaken in particular places.

Armed with direct access to millions of consumers, large buyers such as Wal-Mart and Nike can achieve huge _____________________ in their global sourcing of clothing manufactured in developing countries.

In global commodity chains, ___________________ strategies refer to the potential for firms, or groups of firms, to improve their relative position within the system as a whole.

The vast majority of the coffee produced globally is consumed in developed countries, with retail sales each year estimated at:

The precise form that a standard takes is:

The purchase and primary use of a commodity is often seen to be the _____________ of the commodity chain by the general public.

The tendency toward a(n) _________________ among low-cost suppliers creates an environment for breeding working conditions that are unacceptably difficult or dangerous, commonly known as sweatshops.

Global commodity chains are not just a feature of agricultural and manufacturing sectors, but are also apparent in many ______________ sectors.

Provide two examples of how global commodity chains are emerging in contemporary service sectors.

The purchase of a commodity through monetary relations serves to _______________ producers and consumers.

The geographic configurations of global commodity chains are becoming more _______________ and liable to rapid change.

When mapping a commodity chain one must take into account:

________________ forms of governance fall in between the producer- and buyer-driven models.

Even the most mundane and everyday acts of consumption tie us into webs of:

Thinking Geographically

The Economy: What Does It Mean

Capitalism in Motion: Why Is Economic Growth so Uneven

The Statewho Runs the Economy

Environmenteconomy:

Labor Power: Can Workers Shape

Making Money: Why Has Finance

Technological Changeis the World Getting Smaller

The Transnational Corporationhow Does the Global Firm Keep It All Together

Spaces of Salehow and Where Do We Shop

Clusterswhy Do Proximity and Place Matter

Gendered Economies: Does Gender Shape Economic Lives

Ethnic Economiesdo Cultures Have Economies

Consumptionyou Are What You Buy

Economic Geography: Intellectual Journeys and Future Horizons

Filters

Exam 8: Commodity Chainswhere Does

An example of a formal institutional framework includes:

Capital- and technology-intensive industries such as aircraft, automobile, and semiconductor manufacturing are examples of ______________ chains.

The geographical complexity of global commodity chains is generally:

Which of the following domains has been caught up in the process of commodification?

_________________ chains tend to be found in industries where large retailers and brand-name merchandisers play the central role in establishing and controlling the global production systems of their commodities.

Consumers in the capitalist system are largely ________________ of the geographical origins and histories of the commodities that they consume.

Formal institutional frameworks relate to the ____________________ that determine how economic activity is undertaken in particular places.

Armed with direct access to millions of consumers, large buyers such as Wal-Mart and Nike can achieve huge _____________________ in their global sourcing of clothing manufactured in developing countries.

In global commodity chains, ___________________ strategies refer to the potential for firms, or groups of firms, to improve their relative position within the system as a whole.

The vast majority of the coffee produced globally is consumed in developed countries, with retail sales each year estimated at:

The precise form that a standard takes is:

The purchase and primary use of a commodity is often seen to be the _____________ of the commodity chain by the general public.

The tendency toward a(n) _________________ among low-cost suppliers creates an environment for breeding working conditions that are unacceptably difficult or dangerous, commonly known as sweatshops.

Global commodity chains are not just a feature of agricultural and manufacturing sectors, but are also apparent in many ______________ sectors.

Provide two examples of how global commodity chains are emerging in contemporary service sectors.

The purchase of a commodity through monetary relations serves to _______________ producers and consumers.

The geographic configurations of global commodity chains are becoming more _______________ and liable to rapid change.

When mapping a commodity chain one must take into account:

________________ forms of governance fall in between the producer- and buyer-driven models.

Even the most mundane and everyday acts of consumption tie us into webs of:

Thinking Geographically

The Economy: What Does It Mean

Capitalism in Motion: Why Is Economic Growth so Uneven

The Statewho Runs the Economy

Environmenteconomy:

Labor Power: Can Workers Shape

Making Money: Why Has Finance

Technological Changeis the World Getting Smaller

The Transnational Corporationhow Does the Global Firm Keep It All Together

Spaces of Salehow and Where Do We Shop

Clusterswhy Do Proximity and Place Matter

Gendered Economies: Does Gender Shape Economic Lives

Ethnic Economiesdo Cultures Have Economies

Consumptionyou Are What You Buy

Economic Geography: Intellectual Journeys and Future Horizons

Filters