Exam 7: Geographies of Economic Development

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Offshore financial centers are strictly regulated by international agencies.

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Match the description with one or the other group of countries. -high mass consumption

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Match the economic activity to its economic sector. -Copper mining in Zambia

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Spread effects are the negative impacts on a region of the economic growth of some other region.

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Explain the gross national income indicator of economic development.What are some advantages of using GNI,as compared to the more traditionally used GDP and GNP?

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This European country is a highly specialized exporter of apparel.

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Over the last several decades,foreign direct investment to the world's periphery has steadily declined.

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__________ is the world's largest owner of retail property.

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Match the description with one or the other group of countries. -Third World

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Match the description with one or the other group of countries. -establish Export Processing Zones (EPZs)

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In the past 30 years,regional core-periphery patterns have been increasingly influenced by globalization and the economic interdependence of major world regions.This globalization has been caused by four important and interrelated factors.Identify and describe these factors.

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Geology is the only factor that explains the concentration of known resources in just a few countries.

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Despite its membership in the WTO,

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Match the person to what she or he is known for. -gave us world-system theory

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Countries with a high proportion of economic self-sufficiency or independence from the world-system,that do not contribute significantly to the world economy in terms of imports and exports,are

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Countries like Burkina Faso,Bolivia,Malawi,Ghana,and Samoa that barely contribute to the world economy's flow of imports and exports exhibit a high degree of

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China makes most of the world's

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Match the description with one or the other group of countries. -smallest share of world MVA

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The elasticity of demand is low for products which have saturated their markets.

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The countries with the most autarky in the world-system are found in the

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