Question 1

What economic good is most likely to be transported by air?

Accepted Answer

A)   coffee
B)   bananas
C)   flowers
D)   oil C

Question 2

What part of the transportation network was served by the construction of canals and railroads?

Accepted Answer

A)   overland
B)   international
C)   overnight
D)   intercontinental A

Question 3

What type of cities were particularly transformed by the growth of global maritime trading?

Accepted Answer

A)   capital cities
B)   European cities
C)   port cities
D)   colonial cities C

Question 4

What is an argument against Thomas Friedmann's assertion that the world is flat?

Accepted Answer

A)   The world is tectonically active with several mountainous and basin areas.
B)   Globalization is not complete yet, and only in the future will the world be flat.
C)   Only some of the world is flat, instead some parts are more or less smooth.
D)   Globalization brings unique competitive advantages into an equal playing field.

Question 5

Because of the affordable cost of air freight, high-demand perishables like seasonal fruits and vegetables are often grown in the _____ hemisphere, and shipped to where the opposite hemisphere is experiencing _____.

Accepted Answer

A)   Northern; drought
B)   Southern; winter
C)   Western; summer
D)   Eastern; flooding

Question 6

What invention closed the age of sailboats and further shrank the net of space-time?

Accepted Answer

A)   rail
B)   steam ships
C)   river barges
D)   flight

Question 7

Space-time convergence can bend physical space, bringing cities closer. Alternatively, _____ transportation connections can _____ the physical distance between two cities.

Accepted Answer

A)   extra; extend
B)   old; reduce
C)   élite; defy
D)   poor; increase

Question 8

What was inaugurated by the Columbian Encounter of 1492?

Accepted Answer

A)   regional empires
B)   global economy
C)   age of steam
D)   species collapse

Question 9

What item was the center of several decisions made between 1968 and 1970 by the International Organization of Standardization to create global standards for its size, markings, and other fittings?

Accepted Answer

A)   rail car
B)   air cargo
C)   container ships
D)   shipping containers

Question 10

What type of goods did the earliest cargo of long distance maritime global trade carry?

Accepted Answer

A)   bulk clothing
B)   wheat
C)   luxury items
D)   coal

Question 11

What was part of the second wave of globalization?

Accepted Answer

A)   lower tariffs
B)   telegraph
C)   railways
D)   all of the above

Question 12

What industry was a major component of space-time convergence from the 1500s to the 1800s?

Accepted Answer

A)   forced labor migrations
B)   transportation
C)   manufacturing
D)   gold and silver mining

Question 13

What has enabled the Global Shift in manufacturing from developed countries to developing countries?

Accepted Answer

A)   low cost labor
B)   low cost transportation
C)   routine manufacturing processes
D)   all of these

Question 14

When the compass was invented and improved the accuracy of maritime navigation, what especially enabled the expansive maritime empires of the colonial period?

Accepted Answer

A)   reduced cost of navigation
B)   increased speed of ships
C)   decrease in labor on ships
D)   increased cost of transportation

Question 15

Why is economic activity concentrated in coastal regions?

Accepted Answer

A)   for 500 years long-distance trade occurred by sea
B)   coastal areas have long had cosmopolitan cultures
C)   people prefer the aesthetic of being near the ocean
D)   coastal areas are preferable since they are so flat

Question 16

What occurred following the end of World War II?

Accepted Answer

A)   economic depression
B)   political disintegration
C)   economic integration
D)   political protectionism

Question 17

What was the easiest way to move people and goods long distances for many centuries?

Accepted Answer

A)   horse cart
B)   sailing ships
C)   air balloon
D)   on foot

Question 18

What is NOT an example of a global production chain?

Accepted Answer

A)   Apple products are designed in the US and assembled in factories in urban China.
B)   European retailers contract with local textile factories in low-wage areas like Vietnam.
C)   Blueberries are produced in summery Chile to meet demand during US winter season.
D)   Dairy farms truck fresh milk daily to an immediate surrounding regional market.

Question 19

What city was the pivot of the international trading system during the period from 1865 to 1914?

Accepted Answer

A)   Lisbon
B)   New York
C)   Madrid
D)   London

Question 20

What was the first new development in transportation instituting a convergence of space-time?

Accepted Answer

A)   fire
B)   wheel
C)   steam engine
D)   telegraph

Exam 12: Creating a Global Economy