Deck 8: Globalization and Sovereignty

Question 1

The race to the bottom that many see as an integral part of globalization refers to

A)immigrants forced to start at the bottom of the economic ladder in their new countries.
B)downward pressures on wages, business taxes, and regulations.
C)dwindling investment in developing nations.
D)the triumph of American pop culture.

Answer 1

B

Question 2

The tyranny of location was greater when the costs of transportation were higher.

Answer 2

True

Question 3

Globalization in the 1990s halted the growing interdependence seen in the 1970s.

Answer 3

False

Question 4

The race to the bottom can be halted by eliminating barriers to trade.

Question 5

The constrained state thesis claims that

A)states are increasingly powerful.
B)wealthy states can halt the process of globalization if they wish.
C)the ability of states to regulate has been eroded by globalization.
D)the extent of globalization has been exaggerated.

Question 6

The race to the bottom entails downward pressure on wages in the poorest countries.

Question 7

According to the constrained state thesis, globalization is strengthening state sovereignty.

Question 8

The ability of companies to move to locations where wages are lowest is seen as a major cause of

A)tyranny of location.
B)process of economic development.
C)race to the bottom.
D)declining terms of trade.

Question 9

The democratic deficit refers to

A)the lack of democracy in the developing world.
B)"democracies" before female suffrage.
C)the fact that a few nations can veto a U.N.Security Council resolution.
D)important decisions being made by unelected, undemocratic organizations.

Question 10

The race to the bottom thesis would predict

A)lower wages in the United States.
B)decreased investment in developing countries.
C)rising wages for U.S.workers.
D)declining profits for U.S.companies.

Question 11

Realists often argue that globalization

A)is a myth.
B)is exaggerated.
C)should be resisted.
D)is irrelevant for the great powers.

Question 12

Marxists are inclined to argue that _________________ are most harmed in the process of globalization.

A)corporations
B)workers
C)international organizations
D)all of the above

Question 13

Realists tend to argue that globalization

A)has yet to alter the fundamental dynamics of international relations.
B)is making states increasingly irrelevant.
C)makes war less likely.
D)will promote economic development.

Question 14

The movement of factories to Mexico and China is often cited as evidence of

A)the tyranny of location.
B)strategic trade policy.
C)the race to the bottom.
D)foreign direct investment.

Question 15

The "tyranny of location"

A)has become a bigger problem over the last century.
B)was a result of the industrial revolution.
C)becomes less of a problem as trade barriers are reduced.
D)is the defining feature of globalization.

Question 16

The constrained state thesis argues that multinational corporation now have more influence over government policies.

Question 17

According to the constrained state thesis,

A)globalization is myth.
B)states are becoming more powerful vis-à-vis private actors.
C)states are becoming less powerful vis-à-vis private actors.
D)states are standing in the way of greater globalization.

Question 18

The current wave of globalization is driven largely by revolutions in transportation technologies.

Question 19

Globalization

A)is essentially the same as interdependence.
B)is associated primarily with a realist perspective.
C)was commonly used in the decades preceding World War I.
D)refers to phenomenon that goes well beyond economics.

Question 20

As evidence of globalization, we can point to the fact that Americans are as likely to invest their money in foreign corporations as domestic corporations.

Question 21

The fact that most foreign investment is made in developed nations with high wages and business regulation would seem to undermine the ______________________.

Question 22

____________________ are most likely to view globalization as a largely irreversible and beneficial process.

Question 23

Marxists see globalization as a process that exacerbates income inequalities.

Question 24

What are the dynamics and possible limits of the race to the bottom?

Question 25

Critics of the race to the bottom thesis argue that the problem is likely overstated because companies are more interested in the _____________ of their workers, not their wages.

Question 26

The ___________________ is driven by the ability of corporations to move around the world in search of low wages and lax regulation.

Question 27

_____________________ often argue that both the magnitude and irreversibility of globalization is exaggerated.

Question 28

Realists are generally skeptical of the idea that globalization is eroding the power of states.

Question 29

Some think globalization is creating a borderless world, threatening the ______________ of states.

Question 30

Whereas _______________________ generally refers to intertwined national economies, ______________________ entails the emergence of a genuinely global economy.

Question 31

The _____________________________ sees the power of states being diminished by globalization.

Question 32

Why and how does globalization depend on both technology and policy?

Question 33

Why are the debates over the extent and consequences of globalization so intense and difficult to resolve?

Question 34

Some fear that globalization is creating a _________________________ as power is being taken away from elected governments in favor of corporations and international institutions.

Question 35

Advances in transportation and communication have helped reduce the tyranny of _________________.

Question 36

Most foreign direct investment goes to developed nations with relatively high wages.

Question 37

What is globalization and what are the forces driving it?

Question 38

Beginning in the 1980s, the concept of interdependence was gradually replaced with that of _________________ to indicate the meshing of national economies.

Question 39

The existence of a _______________________ troubles those who think that important decisions are increasingly being taken out of the hands of states and elected officials as a result of globalization.

Question 40

Most goods produced in the United States are sold to foreign countries.

Question 41

Debates about globalization revolve around both empirical and normative issues; that is, the reality and extent of globalization as well as its consequences.How do realists, liberals, and Marxists approach these empirical and normative issues?