Exam 20: Globalization
Steps in global value chains typically take place __________.
D
Explain the relationship of outsourcing to global value chains.
Outsourcing is when producers take activities that they once did in-house and farm them out to other firms in remote locations.Outsourcing is part of a larger process that is called the creation of global value chains,which are sets of linked operations that organize the production of any particular product.All these activities are linked together in a chain of operations.In the era of deglobalization,it was common for many of these processes to be carried out in-house,under one roof.This means that the value chain was compact and geographically contained.But in recent years,as transportation and communication costs have declined and as a means of locating cheaper labor,companies have turned to breaking apart various components of the value chain and moving (i.e. ,outsourcing)the various operations to remote locations.Activities that were once carried out under one roof now take place hundreds of miles away.
Labor-intensive garment industry assembly operators are __________.
A
What is meant by import-substituting industrialization (ISI),why is it so named,and what period in twentieth-century history is it associated with?
Even critics of the North American Free Trade Agreement (NAFTA)agree that it has engendered a net gain in jobs north and south of the U.S.-Mexico border.
In the middle decades of the twentieth century,which two economic policies went together?
Evidence suggests that globalization is promoting __________.
The more labor-intensive part of the value chain of clothing production is more likely to take place in high-wage countries than in low-wage countries.
In the nineteenth century,which group represented a reliable source of demand?
England and France were extensive international traders in the years before 1914.Why was this likely so?
After 1913,the process of globalization that had begun in the nineteenth century began to __________.
Which of the following scenarios most accurately portrays the role of global value chains in globalization?
Between 1820 and 1914,more than __________ miles of railroad were laid in the United States
What is China's position in the global value chain and what are Chinese export processing zones like?
How long is the actual working day for Chinese laborers in export processing zones?
Which two state policies triggered a process of deglobalization beginning in the 1930s?
Which of the following statements most accurately reflects and explains the true picture of the current degree of globalization?
What has happened to most low- to middle-income countries with the turn away from decades of state-led development and regulated markets toward globalization?
As developing countries try to industrialize,what competitive disadvantage do they face?
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