Question 1

The globalization project did not begin on any particular date, but it signifies a new way of thinking about development.

Accepted Answer

A) True 
 B)False

Question 2

The vision of the globalization project was ______.

Accepted Answer

A)  establishment of the World Trade Organization 
B)  implementation of World Trade Organizations rules 
C)  implementation of classical economic plans 
D)  implementation of free markets via restructuring of nation-state economic policies

Question 3

HIPC and SAP are two debt relief programs for Third World countries. Despite their differences, the HIPC is merely new wine in old wine-skins.

Accepted Answer

A) True 
 B)False

Question 4

Critiques of microcredit claim that it has replaced social networks of survival with "empowerment debt" which has proven to be a double-edged sword because ______.

Accepted Answer

A)  it created new dependencies reflecting gender and class inequalities 
B)  loans often are used to meet daily consumption needs 
C)  there are intergenerational effects of the debt, with young girls taken out of school to make loan payments 
D)  it exploits the middle class to support loans for the poor.

Question 5

According to the World Bank, the augmentation of the HIPC initiative in Africa is a confirmation of the effectiveness of neoliberalism.

Accepted Answer

A) True 
 B)False

Question 6

The vast majority of workers in EPZs are all of the following EXCEPT ______.

Accepted Answer

A)  young women 
B)  young men 
C)  migrants 
D)  long-term workers

Question 7

JINCO is a multinational company wishing to invest in India. The Indian government is interested in the partnership but requires JINCO to invest its profits locally, hire locally, and buy its raw materials from the country. JINCO disagrees and decides to seek relief from the WTO. Which of these WTO protocols would JINCO use?

Accepted Answer

A)  Trade-Related Investment Measures (TRIMs) 
B)  Trade-Related Medication Programs (TRMPs) 
C)  Trade-Related Intellectual Rights (TRIRs) 
D)  Trade-Related Intellectual Property Rights (TRIPs)

Question 8

The transnational peasant coalition Vía Campesina notes, "The massive movement of food around the world is forcing the increased movement of people." Briefly explain this statement with reference to displacement.

Accepted Answer

The answer of The transnational peasant coalition Vía Campesina notes,...

Question 9

What is the relationship between development and globalization?

Accepted Answer

The answer of What is the relationship between development and...

Question 10

Briefly explain the difference between Structural Adjustment Programs (SAP) and Poverty Reduction Strategic Papers program (PRSP).

Accepted Answer

The answer of Briefly explain the difference between Structural Adjustment...

Question 11

The spread of "gated communities", racist violence toward "guest workers" are all consequences of displacement of poor labor from the global south

Accepted Answer

A) True 
 B)False

Question 12

______ create specialized manufacturing export zones.

Accepted Answer

A)  IFIs 
B)  GATTs 
C)  FTZs 
D)  WTO

Question 13

Globalization is a project because ______.

Accepted Answer

A)  it is a project with specific goals 
B)  it has political dimensions and involves international players 
C)  it entrenches nation states in the global world 
D)  globalization is manipulated by political forces

Question 14

What is the "great turnaround" with respect to offshore labor.

Accepted Answer

The answer of What is the "great turnaround" with respect...

Question 15

Most EPZ are located in ______.

Accepted Answer

A)  Third World countries 
B)  Western Europe 
C)  USA and Canada 
D)  Australia

Question 16

Globalization project and development project are synonymous.

Accepted Answer

A) True 
 B)False

Exam 5: The Globalization Project: Processes, Experiences, and Implications

The globalization project did not begin on any particular date, but it signifies a new way of thinking about development.

The vision of the globalization project was ______.

HIPC and SAP are two debt relief programs for Third World countries. Despite their differences, the HIPC is merely new wine in old wine-skins.

Critiques of microcredit claim that it has replaced social networks of survival with "empowerment debt" which has proven to be a double-edged sword because ______.

According to the World Bank, the augmentation of the HIPC initiative in Africa is a confirmation of the effectiveness of neoliberalism.

The vast majority of workers in EPZs are all of the following EXCEPT ______.

The transnational peasant coalition Vía Campesina notes, "The massive movement of food around the world is forcing the increased movement of people." Briefly explain this statement with reference to displacement.

What is the relationship between development and globalization?

Briefly explain the difference between Structural Adjustment Programs (SAP) and Poverty Reduction Strategic Papers program (PRSP).

The spread of "gated communities", racist violence toward "guest workers" are all consequences of displacement of poor labor from the global south

______ create specialized manufacturing export zones.

Globalization is a project because ______.

What is the "great turnaround" with respect to offshore labor.

Most EPZ are located in ______.

Globalization project and development project are synonymous.