Deck 20: Global Issues and Globalization

Question 1

According to free market capitalism,free markets lead to all of the following except

A) Reduction in nationalism.
B) Free minds.
C) Political liberty.
D) Democracy.

Answer 1

A

Question 2

Describe one positive effort of the World Bank and IMF and one negative aspect.

Answer 2

One positive contribution has been loans to developing nations to increase their economy.They have helped when they have given consideration to the particular needs and conditions of the country being aided.One negative result is that they have sometimes increased their debt and dependence on richer nations.They have often harmed the countries when they have not sufficiently recognized that one size does not fit all.

Question 3

Which of the following Nobel Prize winners argues that persistent problems in developing nations have been the result of "textbook economic reasoning" and ideological support of strict capitalism by international financial institutions such as the World Bank?

A) Barack Obama.
B) Jimmy Carter.
C) Joseph Stiglitz.
D) Elie Wiesel.

Answer 3

C

Question 4

What does Franz Fanon argue to be the cause of poverty in his work,The Wretched of the Earth?

Question 5

As of 2011,about how large was the world's human population,and about how long will it take to add another billion?

A) 4.2 billion;expected to reach 5 billion by 2020.
B) 7 billion;expected to reach 8 billion by 2025.
C) 1 billion;expected to reach 2 billion in a decade.
D) 10 billion;expected to reach 11 billion by 2050.

Question 6

One significant difference between matters of charity and matters of justice is that the former is more flexible or optional than the latter.

Question 7

Use the two concepts of justice,the process view and the end state view,to discuss the ethical problem of economic justice on a world wide level.

Question 8

Which ethical theory is closest to Peter Singer's when it comes to famine relief?

A) Utilitarian.
B) Kantian.
C) Nonconsequentalist.
D) Deontologism.

Question 9

Among the indicators of economic development of a country are standard of living,life expectancy,and literacy.

Question 10

It is clear that globalization has contributed more to stability and peace than to dissention and conflict around the world.

Question 11

Technological advancements are

A) Benefiting all nations.
B) Increasing the economic disparity between rich and poor nations.
C) Leaving the economic health of nations about the same.
D) Especially benefiting poor nations.

Question 12

According to Franz Fanon,what is the cause of poverty in many of the world's poorest countries?

A) Democracy.
B) Corruption.
C) Colonialism.
D) Communism.

Question 13

Self interest rationales for helping develop poorer countries include all the following except

A) Creating markets for our products.
B) Creating opportunity for indigenous peoples.
C) Reduce terrorism.
D) Preserve the environment.

Question 14

One of the ways to evaluate ethically the policies of the IMF and World Bank is whether they have done more good than harm or the opposite.

Question 15

According to Peter Singer,helping people in famine ridden countries and areas is a matter of charity not obligation or duty.

Question 16

The gap between rich and poor nations has greatly narrowed over the last 3 decades.

Question 17

Which of the following is not mentioned as a result of the World Bank and the International Monetary Fund?

A) Harmed rather than helped development of Third World countries.
B) Made poorer countries unable to compete.
C) Led to international terrorism.
D) Drove local banks out of business.